“Any business that was systematically borrowing money, it’s hard to stay afloat,” she said. “Those chronic problems with cash flow businesses might have are now coming to a head. Lenders are a little bit tighter, and everything just costs more. You can see it yourself when you go to the grocery store.”

Jessika represents bankruptcy trustees, creditors, and debtors in all aspects of Chapter 7, Chapter 11, and Chapter 13 bankruptcy proceedings and related adversary proceeding. She is currently also on the Board of Directors for the Bankruptcy Bar Association of the Southern District of Florida.

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“Every creditor is different. Some creditors will accept pennies on the dollar, others will not settle for less than 80% in a lump sum payment,” Jessika explains in the article. 

Jessika represents bankruptcy trustees, creditors, and debtors in all aspects of Chapter 7, Chapter 11, and Chapter 13 bankruptcy proceedings and related adversary proceedings. Jessika also represents plaintiffs and defendants in complex commercial litigation and creditors’ rights in state and federal courts and advises clients on asset protection issues.

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