Chapter 7 Business Denver Bankruptcy Lawyer Christopher German
Deciding whether bankruptcy is appropriate for your business may be one of the most difficult decisions you’ll ever make. But having information about what could happen to you and your business in the bankruptcy process can help.
You can file a Chapter 7 business bankruptcy if more than half of your debt is business-debt. A Chapter 7 business bankruptcy may be the right choice for you, even if you personally guaranteed the debt.
partnersuche baden A Business Chapter 7 may be the best choice if:
• THE BUSINESS HAS NO FUTURE
• THERE ARE FEW DEBTS PERSONALLY GUARANTEED
• THERE ARE FEW ASSETS, OR
• THE DEBTS ARE SO OVERWHELMING THAT RESTRUCTURING ISN’T AN OPTION.