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    andyshouseoftile's Avatar
    andyshouseoftile Posts: 1, Reputation: 1
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    #1

    Feb 7, 2006, 01:08 PM
    Small Business Bankruptcy
    What Would I Need To File Business Bankruptcy And What Are The Consiquences
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Feb 7, 2006, 02:41 PM
    First you need to sit down with an attorney to see if bankrutpcy will help you, what chapter you need to file

    Also is this a individual owner who is not a limited operating company or not a corporation

    I have never did a business bankrutpcy, only individual bankruptcy. From my understanding, For example if this is a business that you own, and you have not protected your private assests from the business, it may be possible that you will have to include everything you have in the bankruptcy

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