receivership Archives - Parks Chesin & Walbert
237
archive,tag,tag-receivership,tag-237,ajax_fade,page_not_loaded,,select-theme-ver-4.1,wpb-js-composer js-comp-ver-5.3,vc_responsive

Bankruptcy: How Can It Affect Your Case

When times are hard and business goes wrong, an entrepreneur’s worst nightmare may come true: They may be forced into bankruptcy. The benefit of bankruptcy is that it provides people with a fresh financial start. However, this comes at a cost. A bankrupt’s record will always be in the system (and thus could be found by potential employers). Unsurprisingly, the result reduced trust placed in both an individual and a business. That said, bankruptcy should only be used as the ultimate last resort. It should never be used as a way to escape the threat of creditors.

READ MORE