2019

Starting a business is always a risk, and sometimes it doesn't end well. Read on to find out if bankruptcy is the right move for you.

2019


Prepping For Bankruptcy: What To Know

18 March 2019
 Categories: , Blog

Once you've made the bankruptcy decision, you should take some steps to prepare yourself. A chapter 7 bankruptcy should be considered a process made up of preparation, filing, waiting for the discharge, the discharge, and recovery. To help you get your bankruptcy off to a good start, take the below steps and be as prepared as possible before you file your paperwork. Examine Your Income  None of the prep work below will be necessary if you are unable to file a chapter 7 bankruptcy because of your income.
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Bankruptcy And Keeping Property With Reaffirmations

23 January 2019
 Categories: , Blog

While bankruptcy does provide consumers with the ability to make a fresh start, it has its negatives as well. In most cases, the potential for a loss of property keeps some people from making the bankruptcy move. It's best to know and understand the possible risks of a chapter 7 filing so that you can make an informed decision. For example, did you know that you may be able to keep your vehicle out of the bankruptcy trustee's hands if you perform a reaffirmation?
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About Me
is bankruptcy a smart business move?

America is supposed to be the land of opportunity. What do you do when you try to take advantage of an opportunity that ends up costing you more than what it is bringing in? Sometimes, a business that you start just doesn't work out as you had hoped. It could be that you don't have enough experience or it could be that the market goes bad. Whatever the reason for the business not doing well, you will have to think carefully about your next step. Is bankruptcy the only way to get through this difficult time without losing everything you have worked for?