You certainly never meant to get head over heels in debt. Yet, here you are, barely scraping by, juggling bills and dodging creditors. You don't even know where to start straightening out your tangled finances.
Owning a business is one of the most difficult things you can do in life, even if you have years of experience doing so. It doesn't get any easier when you have to deal with significant financial trouble and are considering bankruptcy. Today, we will explain the valuation process should you decide to file Chapter 11 bankruptcy for your business in Tampa, Florida.
Individuals who are contemplating filing for bankruptcy to get out of debt may wonder whether they should avail themselves of the financial relief provided under Chapter 11 or Chapter 13. In most instances of consumer bankruptcy, Chapter 13 will be the more appropriate choice -- but not always.
If you've been socking away money for your child's college education since he was wearing diapers, it is understandable that you would not want any subsequent financial stress you may have to cause that money to be lost in a bankruptcy proceeding.