knight0824
Junior Member
Last Activity: 12-09-2024, 05:03 AM
Joined: 11-24-2024
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Thank you both. The only solution that I keep coming back to is to shut down the business altogether. I have to do it rather quickly bec our payroll is delayed 30 days so that I can be sure to pay these people for their work. I will process payroll early to avoid the MCA companies from taking those... -
In Arkansas so the attorney is saying I would do a chapter 7 personally and a chapter 13 for the business debt. He mentioned the 11 but said it is more expensive and that we could get it done in a 13. I guess i need to ask what he thinks the payments will be etc. Like what percentage I will be looking...Leave a comment:
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Ch 13 to keep business?
My husband and I have racked up a lot of personal and business debt and the business debt was personally guaranteed by both of us. One attorney is advising me to close the business and a different one says he can do a personal chapter 7 and a 13 to keep my business.
We owe roughly 280K....
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