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Business bankruptcy can help a company renegotiate its debts if it wants to continue operating or get rid of liabilities when it is about to shut down for good. Companies trying to stay open often have to make drastic changes to curb their costs and improve their...
When you open a business, your goal is to make sure it is successful. You put hours of your own time into the business. You spend your own money on marketing and setting up your shop. Unfortunately, not all businesses will succeed. If you have set up your business but...
The ups and downs for small business owners have largely been “downs” for the last couple of years, so it’s perfectly understandable that a lot of companies -- yours included -- need to file for bankruptcy. That’s rather cold comfort, however, when you’re trying to...