Posts Tagged 'montana bankruptcy'

Married to Bankruptcy in Montana

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You’ve done your best to keep your head above water, managed your debt to the best of your ability and finally come to the realization that it is time to declare bankruptcy and get a new start for you and your family. One of the first decisions that married couples need to make when planning for bankruptcy is: Should you file individually or jointly as spouses?

Each bankruptcy situation is ...

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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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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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