Continue Reading Protecting Your Business in Bankruptcy: Is it time to Incorporate Again?
Business Bankruptcy
Should You Incorporate Before Filing Bankruptcy?
By Sam Turco on
Posted in Business Bankruptcy, Chapter 7
Whether a business is incorporated or not can have a dramatic impact on the outcome of a bankruptcy case, especially in Chapter 7 cases where the bankruptcy trustee has the power to sell non-exempt assets. Successfully filing a business bankruptcy in Nebraska depends on understanding the important difference between incorporated and unincorporated business assets.
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