Posts Tagged 'business owner'

Small Business Bankruptcy: Separating the Business Owner from the Business Itself

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Editor’s note: This posts comes to us from Cathy Moran, California Bankruptcy Lawyer and her story offers interesting points for the Small Business owners facing bankruptcy.

Cathy’s client operated a small corporation that wholesaled a product they had custom manufactured. When she met them, their SBA lender had sued the corporation and them as individuals for over $200,000. She and her client agreed that there was no defense to the suit for the corporation ...

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