Posts tagged "small business bankruptcy"

How does Chapter 7 bankruptcy work for a sole proprietorship?

Business owners can find themselves in tough financial situations and wondering where to turn for help. If you are the sole proprietor of a business who is struggling with debt, it is common to have questions. Can I file for bankruptcy? Will the creditors finally leave me alone? Can the business survive?

Hostess bankruptcy teaches lessons to Minnesota business owners

When consumers heard of Hostess Brands bankruptcy filing, many could not believe it. Many were shocked to hear the maker and distributor of such popular products as Twinkie and Ding-Dongs was going out of business.

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