Business Bankruptcy

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Types of business bankruptcy

On behalf of Debra Booher & Associates Co., LPA | Mar 26, 2021 | Blog, Business Bankruptcy

Running a business, whether large or small, means taking risks, including not being able to pay debts. Bankruptcy gives Ohio small businesses a legal way out of certain debts that they see no way of paying. However, many owners may wonder what type of bankruptcy they...

Liquidation not the only option in business bankruptcy

On behalf of Debra Booher & Associates Co., LPA | Mar 19, 2021 | Business Bankruptcy

Entrepreneurs understand the risk of starting a business. They know the chances they are taking, and that the odds are stacked against them. Roughly 20% of all new small businesses maintained operations for more than a year between 2005 and 2017. Then half of that...