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Bankruptcy Lawyer Aresty
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Bankruptcy Lawyer Aresty's posts

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Many people dream of becoming a business owner and entrepreneurship, but bankruptcy has often gotten in the way. Many people make the mistake of believing that if they’ve filed for bankruptcy, they can’t start a business. They may be afraid that their business will go into bankruptcy too and things will be worse the second time around. You can become a business owner after bankruptcy, but there are a few things you need to keep in mind.

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You may have heard businesses say they were "forced" to file bankruptcy or they "had no other choice." However, in most cases, this is still a voluntary bankruptcy filing. Learn more about voluntary bankruptcy and business bankruptcy that truly is forced by creditors. 

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There are no laws that will prevent you from starting a new business after you’ve filed bankruptcy. However, there are several things you need to keep in mind as you begin forming a company under the shadow of bankruptcy. Here’s what you should know.

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The universe of corporate bankruptcy law can be intimidating and complicated. Here are answers to some of your most pertinent questions about business bankruptcy.

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The idea that your business may be going bankrupt is a frightening one, but if you are seeing signs that your business is going under, it’s important to get the help you need as quickly as possible. Holding out hope that things will turn around or being in denial about what is really happening will only make it worse in the long run. If you recognize these signs that your business is struggling financially, you can work with an experienced business bankruptcy lawyer to help you minimize the damage and get back on stable financial footing.

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Running a business can be challenging, especially for individuals who aren’t great at accounting. However, keeping your business financially stable is arguably the most crucial of all things you need to be doing for your business to grow and succeed. Many business owners focus on bringing in more and more new business, which is great, but if you aren’t managing the cash flow you currently have well, you’re still going to run into problems. Here are several ways you can help keep your business running smoothly financially.

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Financial problems within a business can lead to bankruptcy. Although bankruptcy can often provide adequate relief for struggling companies, learning how to avoid it whenever possible is also a worthwhile endeavor. Here are 5 financial problems businesses can face, and what you can do if your company is facing overwhelming debt.

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If your business is struggling financially, you may be worried about whether or not you will be held personally liable for the debts your business has. The answer isn’t exactly clear — it largely depends on how you formed your business when you first started it. Here’s what you need to know about owing business debt and how bankruptcy may be an option to help relieve you of that debt.

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If your business is struggling with debt, can you file a Chapter 13 bankruptcy, or are you limited to other types of bankruptcy? Find out what your options are today.

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As of April 1, 2016, changes to the U.S. Bankruptcy Code announced by the Judicial Conference of the United States in February became active. Cases filed after this date are subject to the updated bankruptcy code. While the changes are minute as a whole, businesses who are planning to file bankruptcy may find themselves more affected by these changes than they anticipated. Here’s what you need to know.
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