Archive for 'Business'

Can I Keep My Small Business When I File Bankruptcy?

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For small business owners facing bankruptcy, the unknowns can cause a gut wrenching amount of stress. They wonder what is going to happen to the business they’ve worked hard to build, not to mention their livelihood, after they declare bankruptcy. As a small business owner myself, I certainly understand how much of your heart and soul goes into building and running a small business.

Whether you continue to operate ...

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Save Your Small Business From Bankruptcy

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Saving your business from bankruptcy can be as simple as a little pre-planning. The longer you wait to deal with a failing small business, the fewer options you have. The further in advance you consult with a certified Montana bankruptcy lawyer and get some expert legal assistance and guidance, the better outcome you will achieve.

Bankruptcy is not always the best choice for solving debt problems. Successful ...

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Small Business Reorganization with Chapter 13 Bankruptcy

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Will Chapter 13 Bankruptcy save your small business? Maybe. Chapter 13 bankruptcy sometimes allows small business owners to keep their assets while reorganizing and paying off debts through a repayment plan, usually over three to five years.

If you qualify, Chapter 13 can wipe out business debts, help you pay back creditors and reduce the balance of certain secured debts. This can reduce the burden on your business by ...

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