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How Will Filing Bankruptcy Affect My Small Business for Dummies

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Chapter 7 is a "liquidation" bankruptcy that permits filers to maintain some although not all property. Belongings that could be guarded or "exempted" are mostly matters required to take care of a household and employment and usually Do not contain a significant-value, revenue-building business. Bankruptcy is a sophisticated and https://affordable-bankruptcy-att00000.blogprodesign.com/51870154/the-best-side-of-how-will-filing-bankruptcy-affect-my-small-business

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