What Happens When a Business Has to File for Bankruptcy
Fundera
OCTOBER 2, 2017
When it comes to the future of your business, filing for bankruptcy might seem like the absolute worst thing that could happen. And, yes, it will show up on your credit report, which might put you at risk of getting rejected by certain long-term lenders. However, filing for bankruptcy is not necessarily a death sentence—in fact, it could mean the difference between sinking or saving your business.
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