If you decide to close your business, you’ll have to liquidate its assets. Simply put, this means that you’ll be turning any remaining business assets into cash. Assets include tools, equipment, and furniture. In most cases, the proceeds will be used to pay off creditors, but if your business is relatively debt-free, a significant portion…
When you are meeting with a bankruptcy trustee, they may advise you not to hire an attorney to represent you. Most likely, they will try to explain that hiring an attorney is not worth the money and that the trustee can handle much of the work for you. While this may seem like an excellent…
Though foreclosures are no longer at an all-time high as in previous years, millions of the country’s homeowners are still facing the financial, emotional, and personal difficulties associated with foreclosure. Misinformation and misconceptions may significantly affect a homeowner’s ability to make a fresh start, and that is why E. Orum Young has assembled this list…
