10 Helpful Tips for Getting Business Loans After BankruptcySmallBizTrends features an informative article on securing a business loan post-bankruptcy. From our experience, individuals often become more creditworthy after filing for bankruptcy, because their personal balance sheet is improved (liabilities are discharged). and  one can only file for Chapter 7 Bankruptcy once every 8 years. 

 What Do the Most Recent Bankruptcy Filing Statics Mean? JDSupra has an interesting article discussing the recent upswing in bankruptcy filings and what the data means.The article can be found at  https://www.jdsupra.com/legalnews/a-look-into-2023-what-do-the-bankruptcy-4316229/

Chicago Booth Review has an article on 
Why Small Businesses Are More Reluctant to File for Chapter 11?
The article can be found at https://www.chicagobooth.edu/review/why-small-businesses-are-more-reluctant-file-chapter-11

 
I Stopped Paying My Private Student Loans, and Somehow Got Lucky
https://www.nytimes.com/2023/09/09/business/private-student-loans-debt-collection.html?smid=nytcore-android-share

 Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.The article can be found at https://www.bloomberg.com/news/articles/2023-09-05/businesses-bankruptcies-soar-in-august-as-interest-rates-bite?embedded-checkout=true

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to–most often if you need to replace a junker car. There are […]

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to–most often if you need to replace a junker car. There are […]

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […]

Do You Need to Finance a Car in Chapter 13? The last thing you want to do is get further into debt while you are in Chapter 13.  (The goal of Chapter 13 is to get out of debt.)  But sometimes you need to replace a broken down junker. So, you need financing for a […]

 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families