Financial Resource

Debt Management used to fix directors personal debt issues Frequently directors of a small business borrow in their own name to invest in the company. If the business subsequently fails, the director will be responsible for this debt. As a result, directors ...

What Is Bankruptcy? Federal bankruptcy law (Title 11 of the United States Code, otherwise called the "Bankruptcy Code") was enacted to allow the honest debtor, who is unable to meet his/her financial obligations, to obtain a fresh financial start or to reorganize ...

The number one worry for managers and owners of companies undergoing a chapter 11 bankruptcy restructuring is: will my business survive? Of course they do have many other worries such as meeting with creditors, creating a turnaround plan, paying employees on time ...

Although, opinions differ on many accounts, a timely advice especially in case of debts is essential as it saves you on many fronts. As advices always become immensely important, in case of avoiding insolvency, it plays a major role in preventing ...

Struggling with debt can be a difficult and stressful situation, and it's easy to feel like you will never be able to find a way out. More and more people are getting into trouble with debt these days, yet many are unaware of ...