Topic - Kirk Burkley

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  • "One of the classic mistakes is waiting too long to file," Mr. Burkley said. "Everyone thinks that just around the corner is the resolution to their problems, and they don't want to file. Well, if you file too late, and you've run out of options and out of cash, it's extremely difficult to reorganize. The more successful bankruptcies are the ones that are more thought out, more planned out."

    Bankruptcy filing no 'Ho Ho' for Twinkies maker →

  • Many of these double-dippers, hoping to avoid bankruptcy in the first place, wait too late to file, he said.

    Bankruptcy filing no 'Ho Ho' for Twinkies maker →

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