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Bankruptcy Misconceptions
Jan 19th
Do you feel the hammer hanging over the head of your business' financial security?
There are so many misconceptions about bankruptcy that I thought it might be helpful to highlight a few. There were massive changes to the bankruptcy law back in 2005. Some people even came out of it believing that if you hadn’t filed by 2005 you never could! That’s how mixed up everything got.
I’m just going to highlight a few of the more common misperception here.
First, your house, car, and boat are not exempt from paying off the loan if they are listed in your bankruptcy filing. You’ll More >