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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Business Closures And Bankruptcy

The retail apocalypse has been plaguing retailers for years since the online shopping craze hit. Major retailers such as Sears, JC Penney have been hurting for years. Fast forward to the pandemic and the anchor stores of the local mall are no longer the only ones in peril. Shelter in place orders and online shopping is killing the entire mall. Currently, the Roseville Galleria has 16,000 square feet of vacant retail space due to shops that just can’t survive.

Social Distancing and Shut Downs

Retail stores aren’t the only ones taking a hit. Restaurants, bars, gyms, and salons are barely hanging on with current social distancing and shut down mandates in place. The restaurants and bars that are able to adapt to the new protocols are reopening at drastically lower capacities with comparable expenses. In addition, the instability of knowing when restaurants can re-open led to a tremendous amount of perishable food waste for businesses that needed to suddenly re-stock in order to open their doors.

Closings

According to Yelp, over 66,000 businesses have closed their doors permanently since March 1st. Researchers at Harvard believe that may be only half of the small businesses that we can expect to close before this pandemic is over. Because small businesses rely so heavily on foot traffic and operate on small margins it is easy to see how shutdown orders have destroyed so many mom and pop shops.

Small business loans were made available; however, owners were so weary of their ability to repay the loans when they came due, over $130 billion dollars of the available loans weren’t taken.

Owners of small businesses that are closing likely have many questions about what will happen with their business’ debts as well as potentially personally guaranteed debts that may loom after the business is closed.

For more information, contact your Stockton bankruptcy attorney at 209-952-0355.

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