Mar 17, 2017 | Blog, Business Debt, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Declaring Bankruptcy, Financial Problems, General Bankruptcy
One of the least asked questions startup entrepreneurs ask themselves is, “What will I do if the business has financial problems?” There are lots of seminars and courses that talk about business plans, marketing, operations, and accounts receivable management, but...
May 10, 2016 | Blog, Chapter 13 Bankruptcy, Employment in Bankruptcy
We recently saw a situation where the debtor opted to file under Chapter 13 because of a problem qualifying for a Chapter 7 discharge. That problem was that the debtor’s income exceeded $130,000 per year. After the Chapter 13 Plan was confirmed, the debtor lost his...