Bankrupting a Limited Business

by Questions

If I dissolve the business, is bankruptcy necessary when there are outstanding liabilities?

Tired and worn out!

February 7, 2012

Hello I have a franchise that I`ve been operating of 6 years now. I haven`t renewed my franchise agreement but we are still operational. We`ve grown this year but I`m still playing catch up for previous years and I`m finding it harder and harder to stay afloat. I`m presently trying to sell but if I [...]

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stay at home mom

February 2, 2012

I`m a stay at home mom. I live and am mostly supported by my parents. I have an extensive amount of debt that is split with my ex-husband. I have no assets or no money can I still file for bankruptcy?

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STUDENT LOAN

January 22, 2012

I read that student loans can be discharged after 7 yrs if you file for bankruptcy. I had student loans 10 years ago, but then three years ago returned to school using srudent loans. Are my student loans from the fist time I obtained funding elgiable for discharge b/c it has been over 7 yrs [...]

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Advice for Friend

January 12, 2012

My friend is in dire financial straits, they owe many creditors (utilities, credit cards), back taxes on their home (town has threatened to take their home) and the line of credit which their home and vehcile is financed. He is unsure if he should go the route of bankruptcy or if there is another alternative. [...]

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qDIFMeIgHd

January 1, 2012

Deep thought! Thanks for cotrniubting.

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The `line`

December 20, 2011

Where is the line that going bankrupt is inevitable and no other option is realistic?

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AFTER BANKRUPCY

November 25, 2011

WHO DO I CONTACT TO GET CLEARED AFTER BANKRUPCY?

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seasonal job and length of bankruptcy

November 4, 2011

My job is seasonal. I work hard for the 4 months in the summer and my income is much higher, then the rest of the year it is slow. I know in a bankruptcy my payments are tied to my income, so if my income is high for those 4 moths am I autlmatically in [...]

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self employed, bankruptcy but want to continue the business

November 4, 2011

I am self employed, my business is good, but my debts are outrageous. I want to keep running my business, is this possible even if I have to go bankrupt? Could I keep my buinss account? I am not sure what is best so any help I would be grateful for.
T…

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