The Simplest Save-Your-Business Chapter 13 Case
Here’s how to focus on running your business, by stopping your creditors from taking the wind out of your sails.
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Entries by PDX Law Group
Basic Rules about Business Bankruptcy
If your business needs bankruptcy help, getting it done might not be much harder than a personal bankruptcy. But it depends on how your business is set up and how much you owe.
Can an Individual Chapter 7 Case Ever Save Your Business?
Chapter 13 can be a great way to keep certain small businesses afloat, but how about Chapter 7? Can it ever be a simpler and cheaper way to do so?
Bankruptcy Can Save Your Business
Bankruptcy isn’t just for cleaning up after the death of a business. It can keep your business alive.
Persistently High U.S. Unemployment Rate Linked to High Household Debt
Why is the unemployment rate so high, years after the recession officially ended? If we knew the answer to this question, we’d have a fighting chance at addressing the problem.
Chapter 13 Conquers Both Older and Newer Income Taxes
If you owe a number of years of income tax debt, Chapter 13 allows you to favor those taxes that have to be favored, while dumping the taxes that can be dumped.
Chapter 13 Tames Your Income Tax Monster
A “straight” Chapter 7 can write off some income taxes. But if you owe recent taxes, or multiple years of taxes, Chapter 13 is usually a much better way to go.
Record Corporate Profits Are Not Lowering Unemployment Rate
U.S. corporations are making record profits quarter after quarter, yet unemployment seems to be stuck at a devastatingly high rate. Why aren’t these financially flush businesses hiring?
Four Hoops to Jump Through to Write Off Income Taxes in Bankruptcy
The conditions you have to meet to write off an income tax debt actually make sense.
Writing Off Income Taxes with a “Straight Bankruptcy”
You don’t always need to file a Chapter 13 case–with its 3-to-5-year payment plan–to deal with income tax debts.