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bankruptcy

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cdcald

Junior Member
What is the name of your state (only U.S. law)? TX

Is there a way to combine small business bankruptcy with personal bankruptcy?
 


bigun

Senior Member
A Chapter 11 bk {business bk} is expensive and time consuming.
In many instances, a personal bk will take care of everything. You likely personally guaranteed the business loans. File a Chapter 7 and then, let the business die a natural death.
Most bk lawyers give a free or low cost intial conultation. Talk with a few and get your options explained.
 

amama

Junior Member
Depending on whether or not you have assets or disposable income you could file a chapter 13 bankruptcy also.
 

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