Bankruptcy sucks and I wouldn’t recommend it except as a last resort, but if one’s position is untenable it makes sense to avail yourself of every recourse. I have a friend who went through one and she’s doing fine as far as I can tell. It’s not like businesses are shy about filling Chapter 11 when it suits their purposes.
Bankruptcy sucks and I wouldn’t recommend it except as a last resort, but if one’s position is untenable it makes sense to avail yourself of every recourse. I have a friend who went through one and she’s doing fine as far as I can tell. It’s not like businesses are shy about filling Chapter 11 when it suits their purposes.
So…how would I create an LLC, and then transfer my debt to it? Asking for several friends.