In this day and age, business owners and executives must stay on the lookout for warning signs that their company is headed towards financial doom. While startup owners may begin doomsday prepping at first sight of financial trouble, companies that fail within a month are the anomaly, not the average. In most cases, small missteps will begin to push the company closer and … [Read more...] about A Crash Course on Bankruptcy Prevention for Small Business Owners
Bankruptcy
Financial Hardship, Bankruptcy, and COVID-19: What You Need to Know
We all want to be smart with our finances. Unfortunately, the coronavirus pandemic has turned the economy and the financial life of many upside down. Millions are currently experiencing a significant reduction in their paycheck. Unfortunately, some have even lost their source of livelihood. Due to a sudden reduction in income as a result of the pandemic’s effect on the … [Read more...] about Financial Hardship, Bankruptcy, and COVID-19: What You Need to Know
The Do’s and Don’ts of Filing Bankruptcy Without a Lawyer
Are you struggling with debt you cannot pay and thinking about filing bankruptcy? Perhaps you are concerned that you can’t afford an attorney, and you’d like to represent yourself? Know that it is possible to file bankruptcy without an attorney and receive a discharge of your unsecured debt. Your jurisdiction's bankruptcy court website will have all of the forms you need to … [Read more...] about The Do’s and Don’ts of Filing Bankruptcy Without a Lawyer
How to Use Personal Bankruptcy to Help Your Home Business
These are unprecedented times. If your home business has been affected by the coronavirus pandemic’s impact on our economy, you are not alone. Many entrepreneurs are struggling to make ends meet and must find creative ways to redirect or reorganize their small businesses to adapt to today’s market. You have options, and one of them is to file a bankruptcy petition. … [Read more...] about How to Use Personal Bankruptcy to Help Your Home Business
How Small Business Bankruptcy Attorneys Minimize Potential Losses
Small business bankruptcy attorneys offer a full portfolio of services to minimize potential financial losses. Facing the daily pressure of overwhelming debt can be incredibly stressful for modern business owners. In many business scenarios, bankruptcy is often the least risky and the most viable option available. No matter what your company's financial position is, experienced … [Read more...] about How Small Business Bankruptcy Attorneys Minimize Potential Losses
Setting the Record Straight: 5 Common Myths and Misconceptions About Bankruptcy
If you find yourself facing the prospect of bankruptcy, chances are good you have many overwhelming questions and worries. Even if you have tried to carefully manage your personal finances, sometimes bad things happen, or life throws an unexpected curveball. The good news is that filing for bankruptcy can be far less daunting when you know what to expect and are not led astray … [Read more...] about Setting the Record Straight: 5 Common Myths and Misconceptions About Bankruptcy
