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Should I file for Bankruptcy?

I own a business which has been really unsuccessful this year to the point where I ahve accumulated a net loss. I have bank loans of $50,000 which I haven`t paid. The assets I have are my products in which I have no clientelle for, and I have no money to pay back my creditors.

Should I file for bankruptcy?

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One Response to “Should I file for Bankruptcy?”

A licensed trustee said...

Just like the last posting from the 72 year old gentleman, we can’t simply tell you whether or not you should file for bankruptcy on a free website. It is certainly an option, but not your only one.

Use the links to find a trustee in your area and give them a call. They will review your situation and discuss options that make sense for you.