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Business Bankruptcy and Debt Articles
Bankruptcy
- When You Can't Pay Your Business Debts: Personal Liability and Bankruptcy Options If your business is in the red, take steps to protect your personal assets.. (Nolo Press)
- Ten Things to Think About - Before Filing Bankruptcy Lists issues to consider before filing for bankruptcy.
- Can You Believe...? Bankruptcy Facts Features bankruptcy facts and statistics.
- Do's and Don'ts - If You Choose Bankruptcy Offers tips to consider if you decide to file for bankruptcy.
- Tell the Whole Truth When You File For Bankruptcy Don't get clever and try to hide property. It will come back to haunt you. (Nolo Press)
- Glossary - Bankruptcy Terms Defines common bankruptcy terms.
- What to Expect - Filing Bankruptcy Provides an overview of what to expect when filing for bankruptcy under Chapter 7, 11 and 13.
Repaying Debts
- Beware of the IRS If Your Creditor Writes Off or Settles a Debt The IRS may count a debt written off or settled by your creditor as income to you. (Nolo Press)
- Which Debts Must You Repay? All debts are not created equal. Learn which are most important. (Nolo Press)
Debt Collection
- Collecting Business Debts Learn how to minimize late payments and communicate with clients who might be headed for collections. (Nolo Press)
- Fair Debt Collection Practices Act Links Rights under the Fair Debt Collection Practices Act, which requires that debt collectors treat consumer fairly and prohibits certain methods of debt collection. (Federal Trade Commission)
- Ten Tips for Minimizing Losses Due to Customers' Bankruptcies If you own or run a business, bankruptcies by customers who owe you money can be devastating. (Nolo Press)
- Debt Collection: Know Your Rights Video with Eileen Harrington, Acting Director, Bureau of Consumer Protection.
Credit Repair
- Businesses Must Provide Victims and Law Enforcement with Transaction Records Relating to Identity Theft The Fair Credit Reporting Act (FCRA) entitles victims of identity theft to ask businesses for records relating to the theft of their identity. (Federal Trade Commission)
- Ten Tips for Financially Troubled Businesses If your company is facing financial difficulties, read these tips to keep out of trouble with the IRS, bankruptcy courts and your bank. (Nolo Press)
- Credit Scoring Learn what your credit score is and how to improve it. (Nolo Press)
- Knee Deep in Debt Presents options for debt relief: realistic budgeting, credit counseling from a reputable organization, debt consolidation, or bankruptcy. (Federal Trade Commission)
See also:
- Consumer Bankruptcy & Debt section
FAQs
- What is bankruptcy?
- What are my bankruptcy options if my business is in trouble?
- Is there a specific type of bankruptcy for businesses?
- Is bankruptcy my only option if I can't pay my debts when they fall due?
Business Bankruptcy Forms
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