Business Bankruptcy

What Is Business Bankruptcy?

A business that cannot pay its bills might want to consider bankruptcy. The U.S. Bankruptcy Code has special laws covering businesses. A judge immediately app.... Read more

Business Bankruptcy: Selecting a Qu...

When you decide that business bankruptcy is your only option, a lot is at stake - including your personal financial health as well as your reputation and your.... Read more

Lasting Effects of Business Bankrup...

Filing for bankruptcy for your business can help you get back on your feet. The effects will vary depending on which type of bankruptcy you file. The types of.... Read more

Business Bankruptcy

Business Bankruptcy: When to Choose Chapter 7?

For many years, you've successfully operated a small business - for example, a health food store serving a small but loyal community. Now, Whole Foods is building a big store down the street. You know... Read more

Business Bankruptcy: Fraud Makes It So Much Worse

When your small business files for bankruptcy, you're making a promise to the federal government that you will follow the law - so your creditors will receive some amount of payment for what you owe. ... Read more

Lasting Effects of Business Bankruptcy

Filing for bankruptcy for your business can help you get back on your feet. The effects will vary depending on which type of bankruptcy you file. The types of procedures are named for the chapter in t... Read more

If You Are the Creditor in a Business Bankruptcy

While bankruptcy law provides protection for people who are in debt, it also allows creditors to recoup at least some of their money, when possible. The chances of your business being repaid will depe... Read more

Business Bankruptcy: When to Choose Chapter 11?

Chapter 11 bankruptcy protection lets business owners reorganize their debts and pay them off more easily. If you want to try to save your business, you can use Chapter 11 bankruptcy to do so. If you'... Read more

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