Do I need to file business bankruptcy?

Do I need to file business bankruptcy?

Do I need to file business bankruptcy? A lot of people who think they need to file business bankruptcy really don’t.   They often need to do a personal bankruptcy, instead.  And they need to just dissolve their LLC or S corporation.  Does this apply to you? You...

Before bankruptcy, can I spend down my money?

Suppose, when you are filing bankruptcy in Virginia, you have too much cash.  You can turn it over to the bankruptcy court to divide among the people you owe money to.  Or you can find legal ways to spend it. (When you file bankruptcy in Virginia, you are only allowed...