Whether or not your business bankruptcy will affect you personally depends on the type of bankruptcy you file. If you file chapter 7, the shareholders of your corporation (including you) could lose your stock values if the stock shares are liquidated with the corporation assets. If you choose to file chapter 13 bankruptcy, the shares…
Although bankruptcy is not the right solution for every consumer or business owner, it may be for you. If you’re suffering from severe financial hardship, are unable to pay your bills or trying to prevent foreclosure on your home, you may find this debt relief option very beneficial for your situati0n. Here are 3 reasons…
If you're considering declaring bankruptcy, we realize this is not an easy decision for you to make. However, you are not alone in making that decision. If you’re like many other business owners (small and large), staying on top of your business debts and keeping your doors open has proven to be a struggle in this…
Deciding whether bankruptcy is the best choice for your personal situation, is not an easy decision to make. Individuals seek bankruptcy relief for a number of reasons. As you consider filing for bankruptcy, ask yourself the following questions: Are you receiving threatening notices from your creditors? Are you on the verge of foreclosure? Have you…