Who should file?

Bankruptcy for Small Businesses 1

The entrepreneurial spirit is one of the touchstones of American culture that has made our country so strong. The willingness of driven individuals to step out and risk their financial stability for the sake of a business they believe in has been a catalyst of our country’s growth. However, a recent study by the University of Nevada showed that one in seven bankruptcies are filed by individuals tying to cope with the failure of a small business.

Is Chapter 7 Bankruptcy right for you? 2

Submitted by Anonymous on Mon, 09/14/2009 - 12:59pm

During these uncertain times, many hard-working Americans find themselves overwhelmed by financial problems. It can happen to the best of people, no matter what tax bracket they qualify for. If you or anyone you know find yourself in these circumstances, it is crucial that all options of relief are considered. However, most people find that filing for chapter 7 bankruptcy is the best alternative for financial relief.

1.   https://www.mybillsbills.com/article/bankruptcy-small-businesses
2.   https://www.mybillsbills.com/node/792
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