In case your business is just not a sole proprietorship, the shorter solution isn't any—Chapter thirteen bankruptcy is for individuals and sole proprietors only. Nonetheless, a business owner can file for Chapter 13 Individually. At times, acquiring significantly less own persona

When you have a registered business entity, such as an LLC or a company, you could possibly file individually. But filing bankruptcy for these small businesses is commonly unwanted simply because you’re usually personally chargeable for business debts. If the business is shut and