When a private individual is declared bankrupt, this is called personal bankruptcy. We can help with this if the reason for the debt is the operation of a business that is still active, typically a sole proprietorship. We do not provide ourselves as a trustee for people whose business has been shut down for a long time. If you are insolvent and cannot pay your bills, the path to debt restructuring may be shorter through bankruptcy. This is because bankruptcy liquidates your assets, and all other things being equal, you show responsibility by filing a bankruptcy petition yourself. Unlike simply letting the debt grow.
When a private individual is declared bankrupt, this is called personal bankruptcy. We can help with this if the reason for the debt is the operation of a business that is still active, typically a sole proprietorship. We do not provide ourselves as a trustee for people whose business has been shut down for a long time. If you are insolvent and cannot pay your bills, the path to debt restructuring may be shorter through bankruptcy. This is because bankruptcy liquidates your assets, and all other things being equal, you show responsibility by filing a bankruptcy petition yourself. Unlike simply letting the debt grow.
When a private individual is declared bankrupt, this is called personal bankruptcy. We can help with this if the reason for the debt is the operation of a business that is still active, typically a sole proprietorship. We do not provide ourselves as a trustee for people whose business has been shut down for a long time. If you are insolvent and cannot pay your bills, the path to debt restructuring may be shorter through bankruptcy. This is because bankruptcy liquidates your assets, and all other things being equal, you show responsibility by filing a bankruptcy petition yourself. Unlike simply letting the debt grow.