Michael Moody, Author at Michael Moody Law

What Is a Bankruptcy Trustee?

Posted by Michael Moody | Bankruptcy, Business Finance, Chapter 11, Chapter 7, Debt Relief, Small Business Bankruptcy

One of the most important people you may encounter is the bankruptcy trustee. But what exactly does a bankruptcy trustee do? Does the trustee work for you? Do they work for your creditors? Are they the same person as the bankruptcy judge?

What to Expect at Your Chapter 7 Bankruptcy – 341 Meeting (Meeting of Creditors)

Posted by Michael Moody | Bankruptcy, Chapter 7, Debt Relief

Preparing for your Chapter 7 Meeting of Creditors? Learn what to expect at your 341 Meeting, including how to prepare for Zoom, what identification you will need, common questions the Chapter 7 Trustee may ask, and why answering honestly and accurately is the most important part of the process.

Florida’s Bankruptcy Filings Are Surging

Posted by Michael Moody | Bankruptcy, Business Litigation, Chapter 11, Small Business Bankruptcy

Michael H. Moody Law, P.A. represents large, small and mid-sized business owners across North Florida in Chapter 11 and Subchapter V cases. The firm’s practice covers Tallahassee, Jacksonville, Gainesville, Pensacola, Panama City, and surrounding areas. With experience at Greenberg Traurig and Berger Singerman and a focused practice built on personal attention and practical strategy, the firm helps business owners evaluate their options and, when a filing is the right path, navigate the restructuring process with a clear plan.

Before You Sign That MCA Agreement, There’s Something You Need to Know

Posted by Michael Moody | Bankruptcy, Business Finance, Chapter 11, Debt Relief, Small Business Bankruptcy

Merchant Cash Advances promise fast cash, but the daily repayment structure can drain your business dry. Before you sign an MCA agreement, learn how stacking advances, triple-digit interest rates, and confessions of judgment create a devastating domino effect and why Chapter 11 bankruptcy may actually be the cheaper, smarter path to saving your business.

Who is a Bankruptcy Judge?

Posted by Michael Moody | Bankruptcy, Chapter 11, Chapter 13, Chapter 7, Debt Relief, Small Business Bankruptcy

Who is the bankruptcy judge, and what do they do in your case? From confirming reorganization plans to ruling on disputes, they play a central role.

What Does Bad Faith Mean in Bankruptcy?

Posted by Michael Moody | Bankruptcy, Chapter 7, Debt Relief

Bad faith in bankruptcy refers to filing a case with the intent to abuse the judicial process rather than to pursue legitimate debt relief. Courts evaluate the totality of the circumstances, including the debtor's conduct before and during the case.

What is the Automatic Stay in Bankruptcy

Posted by Michael Moody | Bankruptcy, Business Litigation, Chapter 11, Chapter 13, Chapter 7, Debt Relief, Small Business Bankruptcy

The automatic stay stops creditor collection actions the moment you file bankruptcy. Learn what it covers, its limits, and penalties for violations under Florida and federal law.

What Is an Adversary Proceeding in Bankruptcy?

Posted by Michael Moody | Bankruptcy, Business Finance, Chapter 11, Chapter 13, Chapter 7, Debt Relief, Small Business Bankruptcy

If you are navigating a bankruptcy case in Florida, you may hear your attorney reference an "adversary proceeding." The term sounds intimidating but understanding what it means and how it works can help you feel more prepared and in control of your case.

Chapter 11 Subchapter V for Small Businesses in Jacksonville, Florida

Posted by Michael Moody | Bankruptcy, Chapter 11, Small Business Bankruptcy

Jacksonville small business owners facing financial distress have a powerful option most don't know about. Subchapter V of Chapter 11 offers a faster, less expensive path to restructure debt while keeping your business running without handing control to a trustee or paying creditors in full before retaining ownership.

Chapter 7 Bankruptcy in Pensacola, Florida

Posted by Michael Moody | Bankruptcy, Chapter 7

If you are searching for answers about Chapter 7 bankruptcy in Pensacola, Florida, you are likely feeling real financial pressure. Maybe credit card balances are growing faster than you can pay them down, medical bills are stacking up, or collection calls have become a daily source of stress.

Michael Moody