Self employed and afraid of losing company.
Does this sound like you?Kevin Lang owns his own company and has developed a great deal of credit card debt. He is afraid that if he files for bankruptcy he will be forced to get another job, and his personal business will fall apart. What should he do?
What can you do?
In most circumstances there is no need to worry about the effects of bankruptcy on your company. In most cases you may continue to be self-employed even while you are bankrupt. However, before resorting to bankruptcy it is important that you review all the other options available to you. It may be possible for you to work out a plan of repayment with the credit card companies, which would allow you to pay back the money over a certain period of time. To explore your options further, click here.
posted by Questions @ 10:41 AM
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