personally cover business debt
January 28th, 2008 by Questions
I opened an incorporated business in 2005, and borrowed 25k for equipment and tools. This business has never produced any results on paper or in real life!
I ran into financial difficulty and started working for another company to pay bills. 9 months later I ended up with an injury and got laid of from that job, leaving me in a position of uncertainty career-wise again.
I am looking @ retraining into a new work field; customer service or social work related.
My pay will not be close to what I was making as a mechanic or cover my personal/business bills. Is bankrupty or proposal the
only way to support me in this transition?