If most within your credit card debt arises from your business, you happen to be eligible to file Chapter 7 without having to pass a bankruptcy usually means test.
This being mentioned, the precise technique of filing business bankruptcy, and the effects, differ based upon your financia
Business bankruptcy Chapter 11 requires the longest amount of time. Creditors are permitted to dilemma the debtor in court docket, and both of those creditors as well as court docket should critique and approve the reorganization system. All instructed, this will take upward of a yr.
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