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Business chapter 7 bankruptcy

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    Business chapter 7 bankruptcy

    I m facing a financial issues with our business. First year is always hard. Trying to get more information about the procedure

    #2
    Where in Ohio are your or your business located? What kind of information are you seeking?
    Chapter 13 (not 100%):
    • Burned: AMEX, Chase, Citi, Wells Fargo, and South County Bank cum Bank of Southern California
    • Filed: 26-Feb-2015
    • MoC: 01-Mar-2015
    • 1st Payment (posted): 23-Mar-2015
    • 60th Payment (posted): 07-Feb-2020
    • Discharged: 04-Mar-2020
    • Closed: 23-Jun-2020

    Comment


      #3
      I assume the business is either a LLC or an Inc.

      You do understand that entities (LLC, Inc.) DO NOT get a discharge in a Chapter 7?

      Have you consulted with an attorney as it relates to filing a bk for the entity?

      There very few reasons to put an entity into a Chapter 7 therefore you need to make sure doing so makes sense before you spend $$$.

      Des.

      Comment

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