Timing Bankruptcy To Include All Debts
Bankruptcy includes all debts you owe at the moment of filing your case, not future debts. So how do you know when to file your case?
The Best Bankruptcy Advice: Get Legal Advice
Businesses considering bankruptcy get intense legal advice before filing. You would also be smart to get solid advice to make a good decision.
Avoiding Paying Prior Employee Debt
If you prefer NOT to pay back present or prior employee debt, bankruptcy can help you use the law to prevent it from being a priority debt.
Paying Employee Debt in Chapter 13
If you prefer to pay back wages to a present or prior employee, you can do so in Chapter 13 especially well if that debt is a priority one.
Independent Contractor Commissions
If you owe sales commissions to an independent contractor when you file bankruptcy, it may be a priority debt. Here's what determines this.
