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Chapter 7 For Small Businesses

Is your small business going under? The Golden Law Group is led by a board-certified Brandon Chp. 7 lawyer and offers personalized solutions to your debt.

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Chapter 7 For Small Businesses

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  1. Chapter 7 For Small Businesses If you own and run a small business and have fallen into serious debt, it may be wise to file for Chapter 7 bankruptcy and discharge all of those expenses. Owners of small businesses often have their personal assets tied to their business property. When debt becomes too great, and the business income cannot keep up with payments to creditors, Chapter 7 bankruptcy may be a viable solution. Some bankruptcy if their businesses have assets that can be liquidated. If the business does not have assets, then the owner may be able to file under Chapter 7 and avoid creditors taking action against the individual owner. However, if you do not have assets to liquidate, it may be wiser to let the corporation end by not filing for corporate status. Contact Us: 429 Lithia Pinecrest Rd, Brandon, FL, USA 813-212-4357 https://www.brandonlawyer.com/ business owners choose Chapter 7

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