Monthly Archives: April 2018
What happens after I file bankruptcy?
Filing a bankruptcy is just the start of eliminating your debt. Very often we see pro se debtors (who represent themselves), debtors who hired a bankruptcy petition preparer (who simply files the case on your behalf), and even our own clients, hurt their case by failing to follow up on their obligations subsequent to… Read More »
What Due Diligence Should I Do Before Investing in Real Estate?
Due diligence is defined as “an investigation of a business or person prior to signing a contract, or an act with a certain standard of care.” When investing in real estate, due diligence is very important because most transactions are “as-is” or “buyer beware,” unless the seller does something fraudulent. So what type of… Read More »
Can I Avoid Paying Business Debts by Shutting Down the Old Business and Opening a New Business?
We received another question from one of the listeners of The Crushing Debt Podcast: “I have an S-Corporation that is overloaded with debt. I don’t think I’ll ever be able to repay the debts of the company. Can I close my old company, then open a new company free of debt?” Great question, and… Read More »
