Many businesses wonder what their options are when it comes time to file for bankruptcy, filing for chapter 11 could be their best choice. A company would want to choose this option if the amount gained from liquidating all their assets would be less than operating as normal. Chapter 11 gives the company a… Continue reading
A Chapter 7 bankruptcy allows a business owner to get out from under a lot of debt and in most cases, the assets are sold and the business closes. When businesses file under Chapter 7 there is usually no other alternative but it does allow the owner to move on to other things. There are different… Continue reading
You’ll need an estate plan if you want to protect your assets and your loved ones after you’re gone. Proper estate planning is a way of ensuring that you have control over the distribution of your assets. Do you have an existing estate plan? Chances are you don’t have one. Most people don’t think about… Continue reading
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