is bankruptcy a smart business move?

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.

is bankruptcy a smart business move?

Why You Should Consider Hiring a Bankruptcy Attorney

30 November 2023
 Categories: , Blog

Nobody wants to file for bankruptcy, but sometimes, it's the best option for getting your finances back on track. Some people may think that filing for bankruptcy is a simple process and that they don't need any help. However, it's exactly this type of thinking that can lead to mistakes and can even make your financial situation worse. This blog post will explain why hiring a bankruptcy attorney is a wise choice.
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Can Creditors Object To Your Bankruptcy Case? Why And How

10 March 2023
 Categories: , Blog

Bankruptcy may not be an enjoyable process, but it provides permanent and wide-ranging protection when you need it. As you prepare to receive the financial fresh start that comes from having some or all of your debts discharged, though, you'll face one potential hurdle: the creditors meeting. This meeting, known as a 341 meeting, allows your creditors to object to some aspect of your bankruptcy case. Why are creditors allowed to object?
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5 Requests To Expect At Your Bankruptcy Creditors Meeting

18 August 2022
 Categories: , Blog

One key step in your bankruptcy case is the meeting of creditors, or the 341 meeting. What should you expect to be asked for when you attend yours? Here are a few of the most likely requests and why they matter to your case. To Verify Your Identity Don't forget to bring your required identification documents with you to the meeting. The 341 meeting begins with a formal verification of your identity.
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When It Won’T Wait: How To File An Emergency Chapter 7

9 February 2022
 Categories: , Blog

Some consumers watch their bills pile up for months while they wonder if they should file for bankruptcy. Unfortunately, things seldom get better for those consumers, and they might take a sudden turn for the worse. To find what a filer can do to get some immediate financial relief, read on. The Traditional Way While bankruptcy is not known to be a quick process, chapter 7 can be relatively quick. The length of time that bankruptcy takes depends largely on the backlog in the local federal district bankruptcy court.
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4 Questions To Ask Your Bankruptcy Attorney

24 August 2021
 Categories: , Blog

Before you file bankruptcy documents, you might want to learn as much as you can about the process. After all, filing for bankruptcy is a major event in your life that has consequences and rewards. If this is something you might want to do, here are four good questions you may want to ask your bankruptcy attorney. 1. How Much Will It Cost? Bankruptcy can help you with the debt load you have, but it is not free.
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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?