Buying a franchise is a great way to start a business in Texas, yet entrepreneurs need a considerable amount of money to begin operations. Some franchisees may not make it and will eventually need to file bankruptcy. However, what will happen to your franchise...
Standing Tall When It Matters Most
Month: May 2022
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How a trustee can help in a Chapter 7 business bankruptcy
Most people associate Chapter 7 bankruptcy with consumers who have accumulated a significant level of debt and need a fresh financial start. However, Chapter 7 bankruptcy can also be filed by Texas businesses that need to unload specific debts as well. It is even...
The fate of your stocks after a bankruptcy
The leaders of a failing company have several options for dealing with the situation. They can go into damage control mode and attempt to restructure. This usually occurs during a Chapter 11 bankruptcy. The company can also shut down completely and liquidate its...