If you're like the majority of small business owners, you don't have the up-front cash to file for chapter 11 bankruptcy. So what do you do when your business is underwater? Bankruptcy for Small Business Owners has the strategies and solutions you need to assess the financial condition of your business and determine whether you should declare bankruptcy to get rid of your business debts. Find out what forms you need to fill out, plus get all the instructions you need to file them in court. Keep as much of your property as possible and tackle business debt so you can move on to your next venture with Bankruptcy for Small Business Owners.
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About the Author
Bethany K. Laurence joined Nolo as a legal editor in 1997. She holds a law degree from University of California, Hastings College of the Law, a B.A. degree from Boston University (Phi Beta Kappa, magna cum laude), and is a member of the California State Bar. Laurence has combined her legal and financial expertise to edit many Nolo small business books over the years. She is the co-author of Business Buyout Agreements: A Step-by-Step Guide for Co-Owners. Before joining Nolo, Laurence worked as an electronic product developer at CCH, Inc. (a division of Wolters Klewer, Inc.), where she created legal online and CD-ROM products. Over the last decade she has been active on the board of directors of several local environmental and educational nonprofit organizations.
Table of ContentsChapter 1: Assessing Your Debts and Your Business
Chapter 2: Is Bankruptcy the Solution You Need?
Chapter 3: An Overview of Chapter 7 Bankruptcy
Chapter 4: Look-Back Requirements
Chapter 5: The Automatic Stay
Chapter 6: Your Property and Bankruptcy
Chapter 7: Your House
Chapter 8: Secured Debts
Chapter 9: Preparing & Filing for Chapter 7 Personal Bankruptcy
Chapter 10: Handling your Personal Chapter 7 Case in Court
Chapter 11: Understanding the Chapter 7 Discharge
Chapter 12: Other Resources