Right now, as you read this blog, there are millions of Americans out there who are struggling to pay off their debts. They have fallen behind for one reason or another. Perhaps they lost their job or fell severely ill. Whatever the reason, for those who are trapped under a mountain of debt, filing bankruptcy

Filing bankruptcy is an incredibly powerful tool for both individuals and businesses who are struggling to pay their debts. It can provide much needed relief and a fresh start when your financial situation deteriorates beyond your control. However, while filing bankruptcy may be a blessing for debtors, it is one of the last words that

As we’ve often talked about in our blogs, there is an unhealthy stigma that follows filing bankruptcy in our society. It is viewed as a mark of failure, when in fact, particularly for businesses, filing bankruptcy is merely another tool in your financial tool belt to help you achieve your goals. In this blog, we

Running a business can be a risky proposition. There is a nearly endless list of things that can go wrong, but it can be extremely difficult to know what to do when things start to get out of hand. Sometimes it is even more difficult to recognize that things are getting out of hand in

When it comes to business and corporate bankruptcy, there is not a simple, straight cut answer for all. In fact, if your business is in financial trouble, bankruptcy may not be the only option you will face. There are several alternatives available to creditors and debtors when a company is facing insolvency but bankruptcy is

Deciding upon filing for bankruptcy for your business is a stressful and overwhelming experience for many. If you have been curious about Chapter 7 bankruptcy in Southfield and wonder if it is the right option for you, read on to learn more about how you can determine this. No one who starts a business ever

Keeping your business afloat is a daily job, one that requires you to be on top of your company’s financials, as well as watching out for any signs that your business is heading for trouble. Spotting any potential problems as early as possible is your best chance of turning things around. Avoid corporate bankruptcy in

If your business is close to shutting down, it’s easy to be overwhelmed while considering your options. For many people, filing for Chapter 7 bankruptcy sounds like a bad choice because it will often force them to go out of business. Unfortunately, that is sometimes unavoidable. When this is the case, finding the fastest, easiest,

If your business is facing financial trouble, you might be worried about the future of the business, as well as your own personal future. Many people fight hard to avoid bankruptcy, thinking that it will mean the end of their business and their livelihood. The fact is, however, that bankruptcy can actually save your business