Filing bankruptcy as a business differs from filing as an individual. You have different chapters you may file that target the needs of a business. Nav explains what chapter of bankruptcy you choose depends a lot on the type of business structure you have. Chapter 7...
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Month: January 2022
What should you know about short sales?
Short sales provide a potential way to prevent yourself from going into foreclosure if you cannot currently pay your mortgage. A short sale lets you sell your home for less than the outstanding balance of your mortgage. On the plus side, it releases the lien from your...
Alternatives to a short sale
In a financial crisis, a short sale might seem like your only option. However, many times you have better pathways to improving your economic situation. In general, you only want to consider a short sale if you only face mortgage payments. People who experience debt...