Ask Experts Questions for FREE Help !
Ask
    mania's Avatar
    mania Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Apr 9, 2007, 02:20 PM
    Open a business after bankruptcy
    Can I open a business after filing for bankruptcy. Thanks
    RichardBondMan's Avatar
    RichardBondMan Posts: 832, Reputation: 66
    Senior Member
    		  
    #2

    Apr 9, 2007, 03:00 PM
    Quote Originally Posted by mania
    can I open a business after filing for bankrupcy. Thanks
    Sure you can but realistically, your ability to get credit will be dimisished. What kind of business, what kind of license is needed, i.e. other requirements by the state, city, county or federal govt ?
    mania's Avatar
    mania Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Apr 9, 2007, 07:34 PM
    It is just a home business. And I don't need big amounts for to start with.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #4

    Apr 9, 2007, 09:28 PM
    Most likely you can open up your own business.

    But as Richard said, it is very unlikely anyone will loan you money, and if they do, it will be at an insanely high interest rate.
    mania's Avatar
    mania Posts: 3, Reputation: 1
    New Member
    		  
    #5

    Apr 9, 2007, 10:27 PM
    Thanks!!
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Bankruptcy [ 1 Answers ]

If someone files bankruptcy, and then finds out a rich relative dies and is in line for an inheritance, how will that affect the bankruptcy proceedings.

Business to business vs Business to Consumer retail [ 1 Answers ]

How does Business to business retail differ from business to consumer retail?

View more questions Search