In California and other states, no one wants to find themselves in a position where they need to file for bankruptcy protection. However, separating the facts from the fiction can demystify the process and help people make informed decisions about how this option may...
Helping With Your Financial Future
Month: June 2023
The facts about a Chapter 11 bankruptcy
Suppose your California business struggles to stay afloat, and creditors call you daily, demanding payment. In this case, a Chapter 11 bankruptcy might provide the means to regain financial stability and stop the harassment. Keep reading to learn the basic facts about...
Paying business debts after bankruptcy
Filing for bankruptcy may be an effective way to reduce or eliminate personal or business debts. Depending on the circumstances of your case, it may be an effective way to reduce or eliminate personal debts that were incurred to run your business. If your company is...
Can you keep some of your possessions after filing bankruptcy?
There's a common myth that filing for consumer bankruptcy costs you everything you own. That bankruptcy means creditors seize or force you to sell all your possessions until you walk away debt-free, but with nothing more than the clothes on your back. This prospect...