For many small business owners struggling with debt, Chapter 7 bankruptcy can help. Learn more.
Business Debt Can Qualify You for Chapter 7 Even With a High Income
If the majority of your debt is business debt, you don't have to take the means test to qualify for Chapter 7 bankruptcy.
Chapter 7 Bankruptcy for Corporations and LLCs
Corporations and LLCs can file a business bankruptcy under Chapter 7.
Business Debts in Chapter 7 Bankruptcy
Find out if you can discharge business debts if you file a personal Chapter 7 bankruptcy.
What Not to Do Before You File Chapter 7 Bankruptcy for Your Business
If you want to file for Chapter 7 bankruptcy for your small business, there are certain actions you should avoid taking.
Will You Have to Close Your Business If You File for Bankruptcy?
If you file personal Chapter 7 bankruptcy, the bankruptcy trustee may be able to close your business. Learn more.
Chapter 7 Bankruptcy for Partnerships
Chapter 7 bankruptcy is rarely a good option for partnerships. Here's why.
Small Business Bankruptcy
Learn about Chapter 11 and Chapter 13 bankruptcy for your small business, whether you are personally liable for business debt, and more.