The Kansas City Business Journal recently published an article on the factors leading to the uptick in commercial bankruptcy filings. Sader Law Firm Managing Member Neil Sader spoke to a reporter for the article titled “What you need to know as commercial Chapter 11 filings jump.” Sader noted the number of loans, specifically SBA loans, during and post-pandemic as one of the main causes. “As those business loans mature and come due, they can’t get refinanced for anywhere near what the old rates were,” Sader said in part. “So people are looking at whether they can extend their loan at the current rates. Bankruptcy can play a part in that.” Sader also advocated for preparedness for business leaders and taking a proactive approach to early signals of financial distress. “The biggest regret I hear from clients when it comes to bankruptcy is that they didn’t do it sooner,” Sader said….
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Sader Law Firm, LLC is pleased to announce the addition of associate attorney Nathan P. Hauber. He bolsters a continually growing bankruptcy practice at the firm dedicated to detailed, responsive legal services that provide business and individual clients with beneficial resolutions to financial difficulties. Before entering private practice, Hauber worked as a law clerk for Nowak & Stauch, PLLC in Dallas, Texas. He gained exposure to various areas of law, including legal malpractice, medical malpractice, commercial contract disputes, and landlord/tenant issues. “Nathan looks forward to applying his passion for legal work to advocating on behalf of clients in bankruptcy processes and other financial and business-related matters,” said Neil Sader, Sader Law Firm Managing Member. “He already displays strong judgment in his work through his educational and professional background, and our firm will be a great place for him to grow as an attorney.” A native of Overland Park, Kansas, Hauber…
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The Guardian, a global news publication, recently sought out Sader Law Firm Member Bradley McCormack and his expertise in bankruptcy law for an article that dove into recent bankruptcy matters related to Alex Jones. A public figure and Infowars show host, Jones filed for bankruptcy in July after being ordered by a Connecticut court to pay nearly $1.5 billion in damages to the families of the victims of the 2012 Sandy Hook elementary school mass shooting for broadcasting lies about the incident. The parent company of Infowars, Free Speech Systems, also recently filed for bankruptcy. McCormack, who is not advising Jones, noted to The Guardian that filing for bankruptcy means that Jones is required to provide detailed financial information to the U.S. Trustee’s Office, and he’ll need to disclose the businesses he owns, as well as be questioned about his finances under oath by the Sandy Hook families and the…
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*Credit card payments will not be accepted for bankruptcy cases, unless pre-approved by The Sader Law Firm. If you have a question about a credit card payment, please call our Office Manager at (816) 561 1818.
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