Chapter 7 for Small Businesses

The means test determines whether your income is low enough to qualify for Chapter 7 bankruptcy. However, if most of your debts are business r...

Filing for Chapter 7 bankruptcy is a valuable option for corporations and limited liability companies (LLCs) that are going out of business. Read ...

If you are a struggling small business owner, filing for Chapter 7 bankruptcy may help save your business or provide a simple way to liquidate i...

If you want to file for bankruptcy but keep your business, Chapter 7 bankruptcy is probably not a good option.

If you are a sole proprietor, it is likely that your business taxes will not be discharged in Chapter 7 bankruptcy. If you operate your small bu...

If your partnership can no longer stay in business, filing Chapter 7 bankruptcy may provide an orderly way to close and liquate the business.

If you are a sole proprietor, you may be able to wipe out both your personal and business debts by filing Chapter 7 bankruptcy.

If you are a small business owner, you are probably concerned about what will happen to your business assets when you file for Chapter 7 bankruptc...

If your small business is struggling with debt, filing for Chapter 7 bankruptcy might help.

Many of the debts that drive business owners to file for bankruptcy can be discharged through a Chapter 7 p