These bankruptcy alternative articles will discuss many ways to reduce your debt other than filing for bankruptcy. Before filing for Chapter 7 or Chapter 13 bankruptcy make sure you know your options.
Is Your Business Surviving?
One in three small businesses in the United States are concerned with government regulation of business forcing you to bankrupt or go out of business all together. Small-business owners have stated in polls that their biggest challenge in the last two years has been government regulations. According to studies, American business owners believe that regulations enforced by the United States government is detracting from their growth. Government regulations on businesses are heavier […]
Which is Better? Debt Relief or Bankruptcy?
Consumer debt is at an all-time high—resulting from student, debt, business debt, educational debt, medical debt, or unemployment. Overwhelming emotions arise from debt, the feeling of anxiety and hopelessness cause frantic behavior and choices. The urgency to have a clean slate causes rash decision making in regards to debt. Debtors must understand the difference between choosing debt relief or bankruptcy.
One of the biggest […]
Choose Bankruptcy or Debt Relief For Your Business?
To answer this question, you have to know what has caused the problems the business now faces and what are the prospects for change. If your business is in trouble, how do you determine if bankruptcy or debt relief is necessary or helpful for your situation?
Is the business a corporation, a partnership, or a proprietorship?
- Corporations, limited liability companies (LLC) and partnerships are legal entities separate from their shareholders or […]
Before Filing, Consider Alternatives To Bankruptcy
Have you had an honest and completely objective professional analyze your financial situation and thoroughly examine all of the Alternatives To Bankruptcy available to you? Typically the answer is no because an objective debt relief specialist that is not focused on selling you a specific product or service is pretty difficult to find.
We are certainly not implying that meeting with a Bankruptcy Attorney is a bad thing if you think […]