I'm a licensed general building contractor. Sole proprietor with no employees.
If I'm forced to file chapter 7 bankruptcy, will this effect my license and my ability to continue working?
Real Estate Attorney
It could. If bankruptcy discharge includes any "construction related" debts CSLB has to be notified. You then have 90 days to satisfy those debts or your license will be suspended.
If any of your debts are in any way related to your business the suspension is required by Business and Professons Code 7071.17
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