When times get tough, sometimes people have to search for answers that they’d never consider during their more flush financial moments. Bankruptcy is one of those last-ditch efforts many people make to keep their heads above water. However, many people don’t understand that there are multiple kinds …
Bankruptcy Articles and Interviews (tag)
3 Major Challenges Business Will Face after COVID
The COVID-19 pandemic has forced most companies to rethink their business strategies and create one that incorporates social distancing and isolation. In the meantime, enterprises are beginning to realize that it’s time to support the return to work while making necessary changes in the months …
Debt and Liability: When Are You Liable for Business Debts?
When your company has difficulty catching up on the bills, you'll start to worry about creditors coming after your assets. There can be a big difference between personal and business assets, but when you're personally liability depends on a number of factors. Sole Proprietorships and Partnerships If …
5 Ways to Avoid Bankruptcy
Entrepreneurs and small-business owners have many stresses to deal with, and due to their level of both financial and emotional investment, may end up heading towards bankruptcy without being fully aware of the circumstances. Being on the lookout for warning signs is obviously key, but there are …
