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self employed and may need to file for bankruptcy

iam a hairdresser and self employed i own a salon with a friend we dont own the property we rent , what will,happen if i file bankrupcy

Posted from: Ontario

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One Response to “self employed and may need to file for bankruptcy”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

When you are self employed it is important to discuss things directly with a licensed trustee. While it is possible that the filing of a bankruptcy can have an impact on the business, given the nature of most hairdressing businesses that impact will likely be marginal, but it is important to have the specific nature of the business reviewed by the trustee to verify this.