Archive for August, 2009
Friday, August 28th, 2009
If your company is no longer financially viable in its current form, you may be looking at closing (or liquidating) the business. However, if you believe that the business idea remains a good one and if set up perhaps in a slightly different format the company could succeed, an option ...
Posted in Debt Consolidation, Avoid Bankruptcy, Business Bankruptcy, Chapert 11, Chapter 13, Blog Carnivals | No Comments »
Thursday, August 27th, 2009
The main intention of filing bankruptcy under Chapter 13, is to repay the debts standing in their name and at lower or no interest. This Chapter is different from Chapter 7 in that it involves liquidation of assets and allows the debtor to pay off the creditors from their future ...
Posted in Debt Consolidation, Avoid Bankruptcy, Business Bankruptcy, Chapert 11, Chapter 13, Blog Carnivals | No Comments »
Wednesday, August 26th, 2009
Most people aren't comfortable talking about bankruptcy. Many feel embarrassed to file for bankruptcy because they're afraid of what people may say about them, and the consequence it brings to their credit ratings. On top of that, the bankruptcy law of 2005 added more elements and procedures that made the ...
Posted in Debt Consolidation, Avoid Bankruptcy, Business Bankruptcy, Chapert 11, Chapter 13, Blog Carnivals | No Comments »
