3 ms·
Although I don't know your particularly situation and where you live, if you are US based you might want to consult an attorney or accountant who has worked wit
by charlescearl 10y ago
Although I don't know your particularly situation and where you live, if you are US based you might want to consult an attorney or accountant who has worked with startups.
One of the motivations behind bankruptcy (chpt 11 particularly) law was to mitigate the losses that entrepreneurs are likely to encounter given the risk that they take on -- at least this is what I've been told by accountants across the political spectrum. This may also address any personal financial losses that you may have encountered.
Feel free to ignore the political dig but this is smart business apparently: https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/?utm_term=.fa29e3fb30be https://www.washingtonpost.com/politics/2016/live-updates/ge...