bankruptcy blog

Bankruptcy does not have the same stigma that it did around 20 years ago when filing meant a loss of goodwill and it carried a lot of shame with it. In this day and age, it is something that people do with no qualms. Many hard working people have seen multiple bankruptcies in his time. As  … Read more

If you are already facing a bankruptcy, it might be the right time to get your affairs in order and reorganize your financial planning. The fact is that a bankruptcy should not be taken lightly. It is indeed a warning bell to arouse you from your slumber and make you realize that something is terribly  … Read more

Debts can be a burden on you, especially when you default and your credit score goes all awry. In many cases, it is actually better for you if you simply file for bankruptcy and deal with your debts that way. However, if you wish to not file for bankruptcy, which again does little to help  … Read more

All business enterprises need to establish a strong sales cycle and generate revenue to survive and thrive in the market. However, there are times when companies are not very profitable. They may eve end up being trapped on the edge of bankruptcy. Sometimes, this prompts the owner to either withdraw from the market or reorganize  … Read more

So your business is facing, or is already in serious financial trouble, you need to consider a few avenues of business debt relief. While debt is not all bad, there is a specific sweet spot within which your debt will keep your business productive. Once you breach this point, you risk going into a downward  … Read more

Dealing with business debt problems is one of the biggest skills a manager or leader can have. For small businesses, there will be only one person handling finance, so debt problems are a big deal. A business may have to shut down if they are not able to handle the burden of debt. Business Debt  … Read more