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Business Debt and Bankruptcy

Most businesses will incur some form of debt as a necessary part of operations, whether it's the use of credit cards or bank loans. But problems arise when the debt load is unsustainable and out of balance with revenues, sometimes leading to bankruptcy. This section contains information and resources to help a financially troubled business, including personal liability and what to expect when filing for bankruptcy. Also included are government resources to help businesses better understand debt and bankruptcy.