Jan 18, 2020 · Learn to differentiate the three types of business bankruptcy, including Chapter 7, Chapter 11, and Chapter 13. Find out how they assist troubled firms.

Choosing the right bankruptcy path is critical. Chapter 7 bankruptcy — known also as “liquidation” or “straight” bankruptcy — means the end of the business. The process involves surrendering …

Jan 31, 2024 · Not sure which bankruptcy is best for your small business? Learn the pros and cons of Chapter 7 and Chapter 13 bankruptcy for business owners and other options.

The Bankruptcy Code allows small business debtors to file for relief under two different special categories of chapter 11 intended to streamline processes and reduce costs.

Bankruptcy is a legal process to help people who owe money, or debtors, get relief from debts they cannot pay and, at the same time, help people who are owed money, or creditors, get …

An introduction to the various options small business owners have to file for bankruptcy protection, and the pros and cons of each.

Apr 15, 2024 · Learn if a business can file bankruptcy, including whether Chapter 13 or Chapter 11 works for small business bankruptcies and other business bankruptcy options.

Oct 13, 2024 · If your small business is struggling with certain types of debts, bankruptcy under Chapter 7, 11, or 13 may provide a feasible solution. Each has different advantages and …

Bankruptcy can help keep a small business open or eliminate business-related debts after closure, but you'll need to understand the benefits and limitations of Chapter 7, Chapter 13, …