Chapter 13 Bankruptcy for Small Business Owners
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If you are a sole proprietor or general partner, Chapter 13 bankruptcy may help your struggling business. Through Chapter 13, you can keep your business and repay business debt over a three to five year period. But there are limitations -- you can't file for Chapter 13 if your business is a corporation or limiited liability company. And if you want to close your business, Chapter 13 might not be a good option.
Overview
Start here to learn when Chapter 13 can and cannot help with your small business debts.
If you're a small business owner struggling with debt, Chapter 13 bankruptcy may help you reorganize your debts and save your business.
Articles on Chapter 13 for Small Businesses
More articles on Chapter 13 for small businesses.
Corporations and LLCs cannot file for Chapter 13 bankrupcty, but they do have other bankruptcy options.
If you want to keep your business during and after bankruptcy, Chapter 13 may be a good option.
Learn how Chapter 13 bankruptcy can help with unpaid business taxes.
Chapter 13 v. Chapter 7 for Businesses
Find out which is better for your business: Chapter 7 or Chapter 13 bankruptcy.
Not sure which type of bankruptcy is best for your small business? Learn the pros and cons of Chapter 7 and Chapter 13 bankruptcy.
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