If you are one of the almost one million federal employees furloughed or forced to work without pay during the government shutdown, you are likely suffering financial hardship.

Last week, we discussed starting a new small business after bankruptcy. This week, we will look at getting a small business loan to help get that business up and running again after filing for bankruptcy. While a personal bankruptcy will remain on your credit report for seven to 10 years, making it more difficult to … Continued

We’ve been looking at bankruptcy choices for your small business in the past few weeks. Today, let’s take a look at business life after bankruptcy. Nothing keeps you from starting a new business after bankruptcy. You might be able to apply the lessons learned from your prior financial problems to the new business. If you … Continued

Last week, we discussed Chapter 7 bankruptcy for small businesses that are going out of business. However, filing for Chapter 13 bankruptcy could help you reorganize debt and save your business. How Does Chapter 13 Bankruptcy Work? A Chapter 13 bankruptcy allows you to keep your assets while reorganizing and paying off all or a … Continued

Last week, we did an overview of Chapter 7 and Chapter 13 bankruptcy for small business. This week we will take a closer, more in-depth look at the Chapter 7 option. For a struggling small business owner, filing for Chapter 7 bankruptcy may help save your business or help you liquidate it. A personal Chapter … Continued