Inside Bankruptcy Law: Insights and Conversations with Mark Forsythe – Episode 8 Part 1

Send us Text Message Shout Out!Show Notes and Time Stamps Power Partners USA is a business networking group based in Long Beach, CA.In the 8th B2B Synergy episode of the Power Partners USA Podcast, host Alan Armijo interviews Mark Forsythe, Partner at Goe, Forsythe and Hodges, LLP, focusing on bankruptcy law. Forsythe explains the misconceptions around bankruptcy, clarifying the differences between Chapter 7, Chapter 11, and Chapter 13 bankruptcies, and introduces the new streamlined Subchapter 5 for small businesses. He discusses his legal services, emphasizing the importance of early consultation to explore all possible solutions, including negotiating with creditors to avoid bankruptcy. Forsythe also covers his approach to representing all sides in bankruptcy cases, the impact of bankruptcy on credit and recovery, and the importance of strategic bankruptcies for businesses facing unique challenges. Furthermore, he highlights his network of Power Partners, such as CPAs and real estate professionals, who play a crucial role in navigating bankruptcy proceedings. Lastly, Forsythe shares insights into the evolving bankruptcy landscape and the benefits of Subchapter 5 for small business reorganization. BANKRUPTCY ATTORNEY Marc C. Forsythe  |  Goe, Forsythe & Hodges LLP Power Partners: Business Attorneys, CPA’s, Real Estate Professionals Member Since February 2024 Marc's Account Page and Contact Information: https://www.powerpartners.us/marc-c-forsythe.html--------------------------------------·        Power Partners USA website - www.PowerPartners.us·        Power Partner Members - "Explained Here" - www.PowerPartnersUSA.net (short Q&A Video and Podcasts)·        Graphics by Debra Armijo - www.iTrustMarketing.biz·        Music by Joan Jones - www.clubjoan.com Have a question for Power Partners USA or any of its members? Call, write or text Alan Armijo - [email protected] 562-843-7801   Power Partners USA website - www.PowerPartners.usPower Partner Members - "Explained Here" - www.PowerPartnersUSA.net (short Q&A Video and Podcasts) Graphics by Debra Armijo - www.iTrustMarketing.bizMusic by Joan Jones - www.clubjoan.comHave a question for Power Partners USA or any of its members? Call, write or text Alan Armijo - [email protected]   562-843-7801