What are the ramifications of bankruptcy. I have a business that I can no longer afford to keep afloat.?

It depends how you sell the business. If you can persuade the purchaser to take over your company by buying your shares then you will only be subject to CGT on the sale. Assuming the debts of 拢...

I recommend you start small; I know where you can purchase a small portfolio of Providian credit card debt for about 1 cent on the dollar meaning about $50,000 in chargeoffs for about $500. Email ...

This sounds like a homework question. If you're using a leveraging formula, you need to take the tax rate into account along with the interest on the debt in order to have return on assets ...

I would initiate a lawsuit against company, for SLANDER OF TITLE. That would force them to come to court to validate this lien which is called a mechanical lien or contractor's lien. If they d...

sure, go to IRS.gov/resolution, or call the toll-free # in the phone book....just have to file some papers, don't be afraid to ask...it's not asking or answering that will get you in more...

All that government money out there is my tax dollars so what you're basically saying is you want me to pay your bills??? I've worked hard too. I pay my taxes AND my bills.

That is correct. Partners in all partnership - not just NSW are jointly and severally liable.

Because unfortunately, some sales on account may not be collected. Business owners know that some customers who receive credit will never pay their account balances. Customers go broke, become unh...