Tag Archives: Business Bankruptcy in Newport Beach CA

Advantages and Disadvantages of Chapter 13 Business Bankruptcy

While the default option for many businesses is to file Chapter 7 bankruptcy, Chapter 13 business bankruptcy in Newport Beach CA offers some advantages. Businesses that are sole proprietorship may wish to consider filing Chapter 13 business bankruptcy in Newport Beach CA for the following reasons: Retention of Assets Unlike with a Chapter 7 filing, … Continue reading Advantages and Disadvantages of Chapter 13 Business Bankruptcy