Alternatives to Bankruptcy for Small Business Owners
If your business is struggling under a mound of debt, filing for bankruptcy isn't always the only way to go.
If you cannot keep your business, you can close the doors or liquidate it without filing for bankruptcy. The articles below discuss the different ways of doing this.
If you want to save a struggling corporation or LLC, you may be able to keep your doors open by convincing your creditors to accept a work out, or taking advantage of state laws that help you do the same.