article thumbnail

How to Avoid Business Bankruptcy with Financing


As a business owner, the thought of going bankrupt can fill you with fear and trepidation, especially when the economy is struggling or your … Continue reading "How to Avoid Business Bankruptcy with Financing" The post How to Avoid Business Bankruptcy with Financing published first on.

article thumbnail

What Happens When You File for Business Bankruptcy?


What Is Business Bankruptcy? If you’re struggling to pay off business debts, filing for business bankruptcy might help. Business owners can file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, depending on the business’s debt levels and financial situation.


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find and Choose a Business Bankruptcy Lawyer in 5 Steps


How to Find and Choose a Business Bankruptcy Lawyer in 5 Steps. Evaluate your business’s financial situation and goals. Recognize the red flags of bankruptcy mills. Source bankruptcy lawyers through referrals, bar associations, and legal directories. Compare bankruptcy lawyers by asking the right questions.

article thumbnail

How to Avoid Business Bankruptcy


Here’s how to avoid bankruptcy. Do you feel like you’re drowning in bills?

article thumbnail

Buying a Car Following a Bankruptcy Filing

Credit Absolute

Personal and business bankruptcy filings rose 10 percent in the twelve-month period ending June 30, 2023, compared with the previous year. Non-business bankruptcy filings rose 9.5 percent to 403,000, compared with 367,886 in the previous year.

article thumbnail

Getting a Business Loan After Bankruptcy


Whether you’ve gone through a personal or business bankruptcy, lenders will consider past bankruptcies when making a loan decision. This post will cover common questions about bankruptcy and how it impacts your loan application. Can you get a business loan after bankruptcy?

article thumbnail

5 Tips for Small Business Owners to Assess and Improve Their Bookkeeping


America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook.