Posted on
October 1, 2009
at
2:15 am
Hello can you discuss bankruptcy for the entrepreneur? What to expect from it? Damages? Who are going to be affected? Thank you, in advance.
Posted on
October 1, 2009
at
3:26 am
It's going to be hard to discuss bankruptcy for the entrepreneur without an actual situation...
Posted on
October 1, 2009
at
3:30 am
Hello can you discuss bankruptcy for the entrepreneur? Perhaps you can look into Chapter 11 bankruptcy.
What to expect from it? Damages? Business loss. Bad credit.
Who are going to be affected?It depends on if you're sole proprietorship or a small business with a partner/s....not sure. Also if you are in a community property state, and you have a spouse.
Posted on
October 1, 2009
at
4:05 am
If you can avoid filing bankruptcy, then do so.There are two common non-bankruptcy alternatives for entrepreneurs. An out-of-court workout, which might save your business and save you some money too. The other one is an assignment for benefit of creditors, which has a minimal state court supervision. Why don't you fill out a form here at destroydebt.com to learn more about your non-bankruptcy options.
