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Bankruptcy

Is your small business firm on the verge of financial failure? The owner has to know when to make that call. After the decision to close the firm, actions have to be taken such as hiring a bankruptcy attorney and filing for bankruptcy.

What is Business Bankruptcy?

This article discusses the three types of business bankruptcy. These types are Chapter 7, Chapter 11, and Chapter 13.

How to Keep Your Business Out of Bankruptcy

If your company is facing financial difficulties, there are steps you can take to try to stay out of bankruptcy court. These tips may help temporarily or they may help permanently depending on how far down the road you are toward financial collapse.

Financial Workouts

This article discusses small business financial workouts. Financial workouts are alternatives to business bankruptcy for small business.

Why you Need a Business Bankruptcy Attorney

If your small business is filing for bankruptcy or you think you may have to file, hire a bankruptcy attorney who is a specialist in business bankruptcy. Here are some important reasons that you should choose a bankruptcy attorney who is a specialist in business.

Steps to help you Choose a Bankruptcy Lawyer

Small businesses should choose competent bankruptcy lawyers to handle their bankruptcy filings. Here are some steps for you to follow in choosing a good bankruptcy lawyer.

Interview Bankruptcy Attorneys Before you Hire

If you have determined that your small business has to file for bankruptcy protection, then you need the help of bankruptcy attorneys. Most importantly, you must choose the right one. These interview questions will help you.

The Impact of Tight Money on Small Businesses

This is a white paper presented by the Small Business Administration on the impact of recessions on small businesses and whether it leads to more small business failures.

How Small Business Failure Paves the Way to Success

This is an article from Microsoft discussing how failure can lead to success if you follow the right path.

How to Pay Off Business Debt You Can't Afford

This is a resource recommended by SCORE. This organization will help you restructure your business debt. This is a do-it-yourself guide to paying off your business debt.

The IRS Guide to Closing a Business

This is the Internal Revenue Service Guide to closing a business, whether you are selling it or declaring bankruptcy. This is must reading.

Failure isn't Fatal

This is an article about a small business that failed and how failure isn't fatal.
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