Legal Advice for Business Bankruptcy — 169 results
Written by attorney Patricia Williams, almost 2 years ago.
Chapter 11 bankruptcy is primarily for reorganizing the financial
affairs of companies, to enable a business to continue to operate and hopefully
become profitable when it finds that its... more
Written by attorney J. Williams, 12 months ago.
By Attorneys Jeff Patty Williams
If you have a Corporation or an LLC, there is no personal liability for any of the debts unless you signed a personal guarantee. But if do not have a... more
Written by attorney Carl Starrett, over 1 year ago.
You cant get rid of taxes in bankruptcy. True or false?
A lot of people, even many bankruptcy attorneys, believe that taxes cannot be discharged in bankruptcy. There are many tax debts... more
Written by attorney Patricia Williams, about 2 years ago.
Many people hesitate to file bankruptcy because they perceive it as shameful, or shady, or unethical.
BANKRUPTCIES SKYROCKETINGBankruptcy is far more common than it used to be.For the... more
Written by attorney Morgan Seegmiller, over 1 year ago.
Although a business entity, like a corporation, cannot file bankruptcy without an attorney, an individual may file their own bankruptcy. In fact, the Arizona Bankruptcy Court website even... more
Written by attorney Benjamin Skinner, about 2 years ago.
Though the economy is starting to show signs of recovery, the dismal effects of its downturn can be seen on the faces of many small business owners across the country. With countless people... more
Written by attorney Andrew Korduba, about 5 years ago.
STEP ONE: Income and Asset Eligibility Issues: How much do you make and what "assets" do you own? Bankruptcy relief depends on your (1) income; (2) household size; and (3) equitable... more
Written by attorney Seth Rosenberg, over 2 years ago.
Thought bankruptcy was just for Gary Coleman and real housewives? Well, in a way, thats not too far from the truth. As the costs associated with filing have risen... more
Written by attorney Jeffrey Hsu, over 2 years ago.
Oftentimes, I get calls from individuals asking why their S Corp, LLC, partnership, C Corp, or other business entity must be accounted for as an asset in their personal bankruptcy filing.... more
Written by attorney Demetrios Tsatis, 9 months ago.
Your finances can control almost every aspect of your personal life - health options, education, and retirement. Even if you are in the fortunate position of financial independence, re-... more