One more typical approach is for the business operator to file someone Chapter 7 bankruptcy and wipe out the personal guarantee. Beneath Chapter 11 bankruptcy, a small business with sufficient cash move can keep open and make smaller month-to-month payments to creditors. Info you provide on This page is https://3-things-to-avoid-when-fi19631.blogolize.com/top-latest-five-how-will-filing-bankruptcy-affect-my-small-business-urban-news-69186047