Chapter 7s for Entities?

Chapter 7s for Entities? | Wayne Greenwald

Imagine thinking you've put a bad business experience behind you, only to learn its ghost is attacking you. That's the specter of poorly planned entity chapter 7 bankruptcies. Unfortunately, most bankruptcy cases for entities which start as Chapter 7 cases suffer from this. Entities Prudent entrepreneurs conduct business through entities. Popular entity forms include: a.) corporations, b.) limited partnerships, and c.) limited liability companies.

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