Even though your business is facing bankruptcy, you hope to rebuild. You have a plan in place, and you expect to come out of the process better than before. A preference claim from the trustee in your bankruptcy case could pose a serious issue, however. Understanding...
Month: March 2021
Why more doctors are filing for bankruptcy
When you were pulling all-nighters in medical school and working round-the-clock shifts during your residency, you probably never expected that once you had an established practice, you could face financial problems. Even if you were never in the medical field for the...
When can creditors come after you as the business owner?
You take on a lot of risk when you start a business. You often have to leave your job or cut back your efforts at career development to focus on the new company. You invest your time and money in something that may never repay your efforts. Even your personal...