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1 Bankruptcy Options for Small Business Owners - Nolo
https://www.nolo.com/legal-encyclopedia/chapter-7-chapter-13-bankruptcy-small-business-owners.html
Sole proprietors will include business and personal debt and can erase qualifying business and personal debt. Other business owners will include personal debts ...
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2 How Does a Sole Proprietorship File for Bankruptcy?
https://www.thebankruptcysite.org/resources/bankruptcy/new-bankruptcy-laws/how-does-a-sole-proprietorship-file-bankruptcy.htm
If you own a sole proprietorship business, you and your business are not separate entities -- so you must file for personal bankruptcy to get out from under ...
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3 What Will Happen To My Sole Proprietorship In Bankruptcy?
https://www.prescottpearson.com/bankruptcy-blog/what-will-happen-to-my-sole-proprietorship-in-bankruptcy/
In the case of sole proprietorship, you have the right, if you otherwise meet the qualifications, to file either a Chapter 7 or a Chapter 13 bankruptcy.
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4 Chapter 7 Bankruptcy For Sole Proprietors - Forbes
https://www.forbes.com/sites/forbesbusinesscouncil/2020/11/24/chapter-7-bankruptcy-for-sole-proprietors/
Sole proprietors may also be eligible for a Chapter 13 bankruptcy, which is a nonliquidation bankruptcy only available to individuals. This ...
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5 Small Businesses & Bankruptcy: How to File & What to Know
https://www.debt.org/bankruptcy/small-business/
Filing Bankruptcy as a Sole Proprietorship. Lacking a formal legal structure (incorporation or LLC) in place, bankruptcy law regards a sole proprietorship and ...
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6 Chapter 7 Bankruptcy for Sole Proprietors
https://bankruptcy.uslegal.com/chapter-7/chapter-7-bankruptcy-for-sole-proprietors/
In other words, the sole proprietorship business is not a separate legal entity apart from its owner. The business debt of a sole proprietorship is treated as a ...
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7 Bankruptcy for Small Business Owners: An Overview - AllLaw
https://www.alllaw.com/articles/nolo/bankruptcy/small-business-owners.htm
Bankruptcy Options for Small Businesses Owned by a Sole Proprietor ... If you're the sole proprietor of your business, you and the company are essentially the ...
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8 Everything You Need to Know About Bankruptcy & Sole ...
https://www.buclawgroup.com/blog/2020/july/everything-you-need-to-know-about-bankruptcy-sol/
If you are a sole proprietor, you will file personal bankruptcy, rather than business bankruptcy. This is because there is no legal distinction ...
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9 Chapter 7 - Bankruptcy Basics | United States Courts
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics
For example, debtors who are engaged in business, including corporations, partnerships, and sole proprietorships, may prefer to remain in business and avoid ...
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10 What Happens When a Sole Proprietor Cannot Pay Business ...
https://weisblattlaw.com/blog/what-happens-when-a-sole-proprietor-cannot-pay-business-debts/
If you need to file bankruptcy to get rid of business debt from a sole proprietorship, you may have to forfeit your remaining personal assets to pay those ...
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11 Business Bankruptcy — What Options Are Available? - Nav
https://www.nav.com/resource/business-bankruptcy/
If you are a sole proprietor, you'll be filing for personal bankruptcy. You won't necessarily lose everything: each state has a list of “exempt” ...
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12 Business Bankruptcy - Justia
https://www.justia.com/bankruptcy/business-bankruptcy/
Partners or owners can file a separate personal Chapter 7 bankruptcy. However, a sole proprietorship is not a separate legal entity, and if you ...
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13 Small Business Bankruptcy | Detailed Overview of Chapters 7 ...
https://www.patriotsoftware.com/blog/accounting/bankruptcy-options-small-business/
Chapter 13 is a reorganizing option only available for individuals—including sole proprietors. If your business is structured as a partnership, ...
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14 Types of Business Bankruptcy and How to File - Fundera
https://www.fundera.com/blog/bankruptcy
Chapter 13 bankruptcy is an option that's primarily for consumers, but sole proprietors can use it as well. As Jackson explains,.
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15 Bankruptcy For Sole Proprietorship Business in New York
https://www.midhudsonbankruptcylawyers.com/aop/sole-proprietorship-issues-in-bankruptcy/
A sole proprietorship is entitled to file a bankruptcy case under both Chapter 7 and Chapter 13, and can receive a Discharge under either Chapter.
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16 Can I Keep My Business While Filing Bankruptcy?
https://www.stocktonlaw.com/blog/can-i-keep-my-business-while-filing-bankruptcy/
While Chapter 13 might be a better option, you can file Chapter 7 as a sole proprietorship However, if you do file for Chapter 7, the court may insist that ...
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17 How Being Self-Employed Influences Your Debt Relief Options
https://upsolve.org/learn/being-self-employed/
This means that if you file personal bankruptcy, you must still include all the business debts as if you were a sole proprietor. Like ...
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18 Everything You Need To Know About Filing Bankruptcy As A ...
https://blog.lifebacklaw.com/blog/sole-proprietor-bankruptcy
Chapter 7 bankruptcy provides you and your sole proprietorship an opportunity to start over fresh. You can break free from overwhelming debt in ...
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19 Bankruptcy for Sole Proprietors | California Bankruptcy Law Firm
https://www.bankruptcypower.com/bankruptcy/sole-proprietors/
If you chose the sole proprietor's path and now find yourself in overwhelming debt, you can still use bankruptcy to achieve a discharge of debts and a fresh ...
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20 Filing Bankruptcy for Independent Business Owners, Small ...
https://www.mdlegalfirm.com/blog/2021/02/filing-bankruptcy-for-independent-business-owners-small-businesses-and-sole-proprietors-in-columbia-md/
The only problem is when a business owner wants to preserve the business. For sole proprietorships, Chapter 13 could be one of their options but business ...
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21 Business Bankruptcy Options | The Pope Firm
https://www.thepopefirm.com/business-bankruptcy-options/
A trustee assigned by the court starts the liquidation process. With Chapter 13, businesses and sole proprietorships have a chance to regain financial stability ...
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22 Bankruptcy as a Tool for Your Business to Succeed
https://federerlawoffice.com/bankruptcy-as-a-tool-for-your-business-to-succeed/
Chapter 13 bankruptcy is usually a better option for ongoing sole proprietorship businesses. Chapter 13 has “adjustment of debts” that is designed to help ...
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23 Bankruptcy for Georgia Small Business Owners | Chapter 11 ...
https://www.fieldlawoffice.com/bankruptcy/bankruptcy-for-small-business-owners/
If you are personally liable for business debts, either as a sole proprietor, general partner, co-debtor or guarantor, the business's bankruptcy will appear on ...
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24 Small Business Bankruptcy Lawyer Serving Nebraska and Iowa
https://johnturcolaw.com/bankruptcy-law/small-business-bankruptcy/
Another option for small business bankruptcy is Chapter 13 (for people that operate as a sole proprietorship). Chapter 13 reorganization provides a more ...
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25 Personal Bankruptcy for Small Business Owners
https://jeffdavislawfirm.com/personal-bankruptcy-for-small-business-owners/
Small businesses are usually either a sole proprietorship or an incorporated business or LLC. When you own a sole proprietorship, there is no legal distinction ...
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26 How To Know When to File Bankruptcy: Tips and Considerations
https://www.legalzoom.com/articles/bankruptcy-basics-when-should-you-throw-in-the-towel
Chapter 7: For sole proprietors, business and personal debts can be wiped out in a single bankruptcy case. · Chapter 13: Your business assets ...
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27 Bankruptcy Options for a Sole Proprietorship or LLC - Azcentral
https://yourbusiness.azcentral.com/bankruptcy-options-sole-proprietorship-llc-4189.html
Sole proprietors and limited liability companies that can no longer manage their debts have multiple options for bankruptcy relief.
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28 Guide to Bankruptcy Options for Your Small Business
https://www.levittslafkes.com/blog/guide-to-bankruptcy-options-for-your-small-business-2/
Although only individuals can file a NJ Chapter 13 bankruptcy, if you operate your business as a sole proprietor, you might be able to use ...
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29 BANKRUPTCY - City Bar Justice Center
https://www.citybarjusticecenter.org/wp-content/uploads/2016/09/Small-Business-Bankruptcy-Book.pdf
bankruptcy options available to them, and determine which option, if any, is right for ... Sole proprietors are not required to hire an attorney in order.
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30 Personal Bankruptcy vs. Business Bankruptcy for Dallas ...
https://www.wmtxlaw.com/articles/difference-personal-bankruptcy-business-bankruptcy/
If you own a sole proprietorship, you can file for Chapter 13 bankruptcy for your business, allowing you to repay business debt with your personal finances.
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31 Will Bankruptcy Affect My California Small Business?
https://www.borowitzclark.com/will-bankruptcy-affect-my-california-small-business/
The same is true if the sole proprietor files bankruptcy. Everything the proprietor may think of as being owned by the business is actually ...
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32 Sole Business Proprietors & Bankruptcy - Morrison Law Group
https://morlg.com/sole-business-proprietors-bankruptcy/
The fact that a sole proprietorship is not an entity separate from its owner affects how a bankruptcy case may be filed. Specifically, an individual owner may ...
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33 Small Business Bankruptcy in Ohio | KWHDW
https://www.ohattorneys.com/small-business-bankruptcy-filing-in-ohio/
Sole proprietors are the only small businesses allowed to file Chapter 13 bankruptcy. Separate legal entities such as LLCs, partnerships, or corporations cannot ...
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34 Small Business Bankruptcy in Pennsylvania
https://dpmlawyers.com/small-business-bankruptcy-in-pennsylvania/
If you are the sole proprietor of your business, you cannot file a Chapter 7 business bankruptcy. Instead, you'll have to file a Chapter 7 ...
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35 Business And Bankruptcy | The Law Office of Lawrence L. Szabo
https://www.szabobankruptcy.com/Debt-Relief-For-Your-California-Business/Business-And-Bankruptcy.shtml
Filing Bankruptcy for Sole Proprietorships. If your business is a sole proprietorship, you are personally liable for your business debts. A Chapter 13 ...
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36 Business Bankruptcy Options: Explained - Loan Lawyers
https://www.fight13.com/business-bankruptcy-options
While a Chapter 7 bankruptcy can be a viable option for some businesses, especially sole proprietorships, there are some potential risks if ...
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37 What Are the Types of Business Bankruptcy? - Super Lawyers
https://www.superlawyers.com/resources/bankruptcy/what-are-the-types-of-business-bankruptcy/
Chapter 13 is also an option for some sole proprietorships. Before filing for bankruptcy, it's essential to be aware of your options and ...
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38 Small Business Options: Chapter 13 vs. Chapter 11 Bankruptcy
https://pdxlegal.com/bankruptcy/chapter-13-vs-chapter-11-bankruptcy/
Because most sole proprietors require equipment and other property to operate, all bankruptcy filers may preserve (exempt) some goods essential to maintain a ...
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39 SMALL BUSINESS BANKRUPTCY CHAPTER 7 DEBT ...
https://robinsonlawpc.com/small-business-bankruptcy-chapter-7-debt-discharge/
Debts that Business Owners, Sole Proprietors, Partners and Self Employed Persons have personally guaranteed or owe are also completely discharged in chapter 7!
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40 How Will Bankruptcy Affect my Small Business in Florida?
https://jaxlawcenter.com/blog/bankruptcy-small-business-florida/
If you are personally responsible for business-related debts, those can be considered as part of the Chapter 13 bankruptcy. This means a sole proprietorship ...
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41 3 Types of Bankruptcies - Free Legal Resource on UpCounsel
https://www.upcounsel.com/business-bankruptcy-types
A sole proprietorship is not a separate legal entity from its owner; therefore, a Chapter 7 bankruptcy cannot be filed solely on behalf of the business since ...
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42 Debt Relief Options For Small-Business Owners
https://www.grubblawfirm.com/bankruptcy/small-business-bankruptcy/
Sole proprietors and small-business owners can face financial problems on more than one front. Call a trusted bankruptcy lawyer for help. Call 816-252-8848.
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43 Filing for Bankruptcy as a Small Business - Kentner Wyatt
https://kentnerwyatt.com/kansas-city-small-business-bankruptcy/
This option is similar to Chapter 11 but is only available to businesses owned by a sole proprietor. Please note that the statements above are a broad ...
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44 Declaring Bankruptcy | Internal Revenue Service
https://www.irs.gov/businesses/small-businesses-self-employed/declaring-bankruptcy
Bankruptcy ; 13. Individuals. (Including Sole Proprietors), Adjustment of Debts – Trustee distributes debtor payments to creditors. ; 11.
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45 Filing For Business Bankruptcy | Chapter 13 Or Chapter 11
https://attorneylanier.com/bankruptcy-faq/bankruptcy-explained/filing-for-business-bankruptcy/
A sole proprietor can file for Chapter 7, 11 or 13 bankruptcy, while larger businesses, including partnerships, limited liability companies (LLCs) and ...
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46 Bankruptcy Options for My Business - Finkel Law Group
https://finkellawgroup.com/2022/07/18/types-of-business-bankruptcies/
One of the most common types of bankruptcy is Chapter 13. Chapter 13 applies to individuals and sole proprietorships and is generally ...
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47 Free Bankruptcy Lawyers in Colorado | Small Business Legal ...
https://www.coloradocovidrelief.org/business-bankruptcy-colorado
As a result, the owner of a sole proprietorship is personally liable for the debts of the business. Because many small businesses are sole proprietorships, this ...
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48 Chapter 7 Bankruptcy for Sole Proprietors
https://www.mirandalawgroup.com/chapter-7-bankruptcy-for-sole-proprietors/
If you realize it is time to close your business and the company has leftover debts, Chapter 7 bankruptcy can be a real option. The bankruptcy ...
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49 How Can Individually Owned Businesses File for Bankruptcy?
https://www.robertadamslaw.com/blog/how-can-individually-owned-businesses-file-bankruptcy/
When a sole proprietorship simply cannot continue to pay his/her debts a Chapter 7 may be the best option. A sole proprietorship can include ...
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50 The Different Types of Business Bankruptcy - Lendio
https://www.lendio.com/blog/types-of-business-bankruptcy/
If you file for bankruptcy as a sole proprietor, your personal credit score will lower significantly. Chapter 7 and Chapter 11 bankruptcies stay ...
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51 Filing Bankruptcy When You Own a Business - Pierce McCoy
https://www.piercemccoy.com/blog/2020/8/13/filing-bankruptcy-when-you-own-a-business
Bankruptcy Options for Sole Proprietors: Chapter 7 and Chapter 13. If you own and operate a sole proprietorship, then your business is not ...
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52 Bankruptcy of sole proprietorships - Altinn
https://www.altinn.no/en/start-and-run-business/deregistration-closure-bankruptcyliquidation/bankruptcy-liquidation/bankruptcy-of-sole-proprietorships/
In order for a sole proprietorship to be considered bankrupt, it must be insolvent. Insolvent means that the proprietorship is unable to ...
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53 How Bankruptcy Code Handles Common Sole Proprietorships
https://mankatobankruptcy.com/2021/02/24/how-bankruptcy-code-handles-common-sole-proprietorships/
For almost every type of business, the owner's debts are separated from the business bankruptcy case. However, because sole proprietorships are ...
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54 Sole proprietorships under bankruptcy - Tittle Law Group, PLLC
https://www.tittlelawgroup.com/blog/2022/04/sole-proprietorships-under-bankruptcy/
Just as with a corporation or a limited liability company, the Chapter 11 bankruptcy option applies to them as well when wanting to pay off liabilities and ...
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55 Small Business Bankruptcy Attorney in Cincinnati
https://www.southardlawfirm.com/bankruptcy/small-business-bankruptcy/
The only type of business than can qualify for Chapter 13 is the sole proprietor. As a sole proprietor, you may reorganize your debt into a 3-5-year repayment ...
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56 Small Business Bankruptcy | Warrenton, VA Attorneys
https://www.johngoetzlaw.com/practice-areas/small-business-bankruptcy
Chapter 7 is a bankruptcy option for debtors that do not have the means to restructure ... as sole proprietorships also may file bankruptcy under Chapter 7.
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57 Bankruptcy & Small Business Owners – VOLS
https://volsprobono.org/bankruptcy-small-business-owners/
For small business owners, Chapter 7 or Chapter 11 is, generally, the avenue of choice. Chapter 13 is an option, but only if you're filing as an individual ( ...
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58 Small Business Bankruptcy | Spring, TX Attorneys
https://www.jcaseylawfirm.com/bankruptcy/small-business-bankruptcy/
Chapter 13 bankruptcy for businesses: Sole proprietors also have the choice of Chapter 13 bankruptcy, which is sometimes called reorganization bankruptcy.
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59 Small Business Bankruptcy Attorney
https://www.attydagostino.com/Connecticut-Small-Business-Bankruptcy-Attorney
Chapter 13 – Chapter 13 can be a restructuring option for small businesses owned and operated by individuals (a sole proprietorship). Only individuals may file ...
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60 Small Business Bankruptcy | Bankruptcy Attorney | Ohio
https://horwitzlawsite.com/bankruptcy/small-business-bankruptcy/
Depending on your situation, you may be able to file a Chapter 7, Chapter 13, or Chapter 11 bankruptcy. If you are the sole proprietor of a company, you and ...
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61 Small Business Bankruptcy Lawyer in Cary, NC
https://www.sasserbankruptcy.com/business-bankruptcy/small-business-bankruptcy/
If you're a business owner considering filing for bankruptcy, it's essential to know what your options are. With Chapter 13 bankruptcy, corporations and ...
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62 Close or sell your business - Small Business Administration
https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business
Close your business · Decide to close. Sole proprietors can decide on their own, but any type of partnership requires the co-owners to agree. · File dissolution ...
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63 Bankruptcy - Illinois Attorney General
https://illinoisattorneygeneral.gov/consumers/bankruptcy.html
Both individual and company debtors may file a petition for bankruptcy with a United States bankruptcy court. The petition must include a list of all debts and ...
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64 Can I Keep My Business if I Declare Personal Bankruptcy?
https://mnpdebt.ca/en/corporate/resources/blog/can-i-keep-my-business-if-i-declare-personal-bankruptcy
Partnerships and Sole Proprietorships: When a business is set up as a sole proprietorship or a partnership, then it is not the business that goes bankrupt but ...
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65 Minneapolis Business Bankruptcy Attorney
https://www.all-bankruptcy.com/Bankruptcy/Business-Bankruptcy
You can only file Chapter 13 as an individual, or sole proprietor. Chapter 13 ensures that your exemptions protect 100% of your assets, or allows you to pay a ...
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66 If Your Business Is Hurting, Should You File for Bankruptcy?
https://articles.bplans.com/navigating-bankruptcy/
Chapter 13 Bankruptcy. For a sole proprietorship, there is another bankruptcy option. If you are a sole proprietor, you and your business are considered to be ...
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67 Bankruptcy for Small Business Owners - The Law Offices of ...
https://www.californiabankruptcyrelief.com/bankruptcy-blog/2015/03/27/bankruptcy-small-business-owners/
Who can file: Sole proprietors are actually required to use a personal bankruptcy option, because the law considers the individual and their ...
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68 Cincinnati Small Business Bankruptcy Attorneys
https://www.johnwrose.com/Bankruptcy/Small-Business-Bankruptcy.shtml
If you are a sole proprietor, Chapter 7 bankruptcy can help you discharge personal and business debt while allowing you to keep exempt assets. The bankruptcy ...
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69 Business Bankruptcy Attorney in Los Angeles California
https://bklaw.com/business-bankruptcy/
But, of course, individuals can operate a business also as a self-employment, sole proprietor. past due invoice. Bankruptcy may be a business' best option ...
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70 Bankruptcy For Small Business Owners in Las Vegas, Nevada
https://www.freedomlegalteam.com/bankruptcy-for-small-business-owners-in-las-vegas/
Sole proprietors may consider bankruptcy if they struggle to manage their debt or lost income. Often but not always, a sole proprietor may use Chapter 7 ...
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71 Considering Bankruptcy for Your Small Business? Here Is ...
https://rinckerlaw.com/considering-bankruptcy-for-your-small-business-here-is-what-you-need-to-know/
Chapter 11 bankruptcy is an option that allows businesses—sole proprietors, partnerships, corporations, and LLCs—to keep their business and ...
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72 A Comprehensive Guide to Filing Bankruptcy in New Jersey
https://www.scura.com/nj-bankruptcy
Chapter 11 bankruptcy is often thought of as the commercial bankruptcy option for businesses, sole proprietors and partnerships seeking to restructure their ...
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73 How Many Types of Bankruptcy Are There?
https://www.ksnpc.com/blog/how-many-types-of-bankruptcy-are-there/
After all the debts are covered, a sole proprietor will usually be discharged which means that he or she will be released from liability regarding their ...
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74 Small Business Bankruptcy Attorney | Weintraub & Selth, APC
https://www.wsbankruptcylaw.com/chapter-11-business-bankruptcy/small-business-bankruptcy/
Chapter 13: A Chapter 13 bankruptcy is also a debt reorganization plan but is only available to sole proprietorships that have debts within certain limits. You ...
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75 Business Bankruptcy - Merna Law
https://mernalaw.com/business-bankruptcy/
A person with a sole proprietorship would only be eligible for a personal Chapter 13 reorganization. Unlike llc's, corporations, and partnerships, which are ...
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76 Business Bankruptcy | Steiner Law Group, LLC
https://www.steinerlawgroup.com/business-bankruptcy/
Bankruptcy Options for a Sole Proprietorship · Reduce or eliminate personal loans, credit card debt and other kinds of debt · Assume or reject leases · Stop all ...
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77 3 Types of Business Bankruptcy - The Balance
https://www.thebalancemoney.com/what-is-business-bankruptcy-393017
Chapter 7 is also appropriate when the business does not have any substantial assets. If a business is a sole proprietorship and an extension of ...
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78 Keeping Your Business - Bankruptcy Attorney in San Francisco
https://www.sanfrancisco-bankruptcy-attorney.com/bankruptcy-overview/keeping-your-business/
If you are a sole proprietor facing financial difficulty, you may be able to reduce your debts while keeping your business. A Chapter 13 bankruptcy can give ...
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79 Experienced Monroe Business Bankruptcy Attorneys
https://www.eorumyoung.com/louisiana-corporate-bankruptcy/
Chapter 13 Bankruptcy: Chapter 13 is most suitable for sole proprietors. This option allows business owners to eliminate, restructure or ...
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80 Legal Issue Bankruptcy - Colorado Bar Association
https://www.cobar.org/For-the-Public/Legal-Issue-Bankruptcy
Because many small businesses are sole proprietorships, this summary touches ... Which Bankruptcy Alternatives Typically Apply to Colorado Small Businesses?
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81 If I Own A Business, Can I File For Personal Bankruptcy?
https://www.vandersonlaw.com/if-i-own-a-business-can-i-file-for-personal-bankruptcy/
Unlike other business structures, a sole proprietorship and the owner are, in effect, the same legal entity. As such, if the owner of a sole ...
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82 Business Bankruptcy Attorney - Business Debt Consolidation
https://www.arizonabankruptcyhelp.com/business-bankruptcy/
Most business owners who consider bankruptcy assume that they need to file bankruptcy specifically for their business. However, a personal bankruptcy in the ...
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83 Effects of bankruptcy on small business owners vs corporations
https://www.legalline.ca/legal-answers/effects-of-bankruptcy-on-small-business-owners-vs-corporations/
If your business is a sole proprietorship or a partnership, it is important to ... there are many options to consider before filing for bankruptcy.
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84 Small Business Bankruptcy Attorney in San Jose, CA
https://www.lawyervictoria.com/business-bankruptcy.html
Your options are most affected by the kind of business ownership you have (sole proprietorship, partnership, corporation), whether you want to keep and ...
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85 Small Business Bankruptcy in North Carolina
https://www.farmermorris.com/faqs/small-business-bankruptcy-in-north-carolina/
What Are Your Options for Small Business Bankruptcy Protection? ... Is your business a sole proprietorship, corporation, limited liability company (LLC), ...
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86 Maryland Chapter 13 Business Bankruptcy Attorney
https://www.burnsbankruptcyfirm.com/practice-areas/chapter-13-2/
A Chapter 13 bankruptcy allows a debt-laden sole proprietorship that still has significant income to submit an orderly plan to the courts to pay back debts ...
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87 Business bankruptcy: options for debt help - Spergel
https://www.spergel.ca/learning-centre/bankruptcy/business-bankruptcy/
When it comes to surrendering assets, for small business bankruptcies the sole proprietor or partner may keep some assets that are exempt, like ...
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88 How may a sole proprietor file for personal bankruptcy?
https://www.donaldbellaw.com/blog/2021/12/how-may-a-sole-proprietor-file-for-personal-bankruptcy/
Maryland small business owners operating as sole proprietorships may file for personal bankruptcy. If your business faces overwhelming ...
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89 Chapter 7 vs. Chapter 11: Know the Difference - Investopedia
https://www.investopedia.com/ask/answers/differences-between-chapter-7-and-chapter-11/
Companies that find themselves in a dire financial situation where bankruptcy is their best—or only—option have two basic choices: Chapter 7 bankruptcy or ...
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90 Cincinnati Business Bankruptcy Attorneys
https://www.goeringandgoering.com/business-bankruptcy/
Has your sole proprietorship, LLC, corporation, family business, or other company run into serious debt problems? Have you taken loans or run up debts to ...
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91 Options When You Can't Pay Your Business Debts - FindLaw
https://www.findlaw.com/smallbusiness/business-debt-and-bankruptcy/options-when-you-can-t-pay-your-business-debts.html
Taxes on Payroll · General Partnerships and Sole Proprietors · Limited Liability Companies and Corporations · Bankruptcy · Your Options for ...
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92 Bankruptcy Options for Small Businesses in Henderson
https://randolphlawfirm.com/blog/henderson-small-business-bankruptcy/
Chapter 13 allows a struggling sole proprietor to file bankruptcy and keep possession of critical business assets. To do this, the owner must ...
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93 Filing for Business Bankruptcy: Pros and Cons of Chapter 7 ...
https://www.seekcapital.com/blog/business-bankruptcy/
A short four- to six-month process · Individuals can deal with their personal and business debt if they are a sole proprietor · Can liquidate business assets if ...
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94 Small Business Bankruptcy
https://www.bankruptcylawlafayette.com/small-business-bankruptcy
Sole proprietors or DBA's can file bankruptcy under Chapter 7 or Chapter 13 ... is personally linked to the owner, either of these bankruptcy options are ...
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95 Discharging Your Business Debts in Chapter 7 Bankruptcy |
https://miamivalleybankruptcy.com/lawyer/2018/11/12/Bankruptcy/Discharging-Your-Business-Debts-in-Chapter-7-Bankruptcy_bl36137.htm
In either of these scenarios, Chapter 7 might be the right option. Sole proprietors can file for bankruptcy in their personal name and will ...
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96 Mount Vernon Skagit County WA Small Business Bankruptcy ...
https://tgcwalaw.com/mount-vernon-skagit-county-wa-small-business-bankruptcy-lawyer_pa20480.htm
If the business owner hopes to put the bankrupt business behind them and make a fresh start, Chapter 7 is probably the best option. Under Chapter 7, the court ...
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97 Is your sole proprietorship in need of bankruptcy?
https://millermillerlaw.com/is-your-sole-proprietorship-in-need-of-bankruptcy/
If so, filing for Chapter 7 bankruptcy may work as the best option for your case. Like in consumer cases, Chapter 7 will involve the liquidation ...
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