Archive for August, 2010
Sunday, August 22nd, 2010
Bankruptcies were up 32% across the nation in 2009, leaving no doubt that the embers of the recession are still burning and small businesses are at risk from unpaid invoices. In fact, it may be argued that the collective financial health of its customers forms the foundation by which a ...
Posted in Small Business Bankruptcy | No Comments »
Saturday, August 21st, 2010
Chapter 7 bankruptcy is becoming more difficult to be granted during these tough economic times. Upon the decision to file for bankruptcy, there are many factors involved in what route you should take. One of the first steps an individual or business should make is to take a means test. ...
Posted in Small Business Bankruptcy | No Comments »
Friday, August 20th, 2010
With serious personal debt problems on the increase, more and more people are choosing to declare themselves bankrupt as a way of resolving their debt issues. We consider whether bankruptcy is appropriate if you are self employed.If you owe money that you simply cannot afford to repay, bankruptcy should be ...
Posted in Small Business Bankruptcy | No Comments »