Archive for the ‘Bankruptcy’ Category

Business near going bad preparation September 8th, 2010

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Business has not been doing well the past few months.  As of the recent financial statement which I reviewed for the first and second quarter, it is a matter of few wrong moves and the business is in the red.  I’ve been having nightmares in fear of what might happen to my bread butter.  My family knows the effort I have given to establish this dream business.  I am glad that I was able to consult my concerns with a friend who gave me ideas on bankruptcy laws.  He even referred me to a lawyer who advised me on bankruptcy process which I might need to prepare for in case I end up not being able to resolve my financial situation. He even lectured me on bankruptcy restriction orders which will help my employees and other dishonest or culpable bankrupts that I don’t intend on being involved in.  I just hope that I get to everything resolved to prevent me being put in such a messy situation.

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