Bankruptcy is something many businesses need to deal with, especially those that are small or just started their operations. It is quite common to see how small businesses have to close their doors after just a few years or even months of being launched to the market. Reality has shown that small companies are the […]

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Contestant:  I’ll take American Business Stats for 500. Host: 25,970. Contestant: What is the amount of companies that have filed for bankruptcy up until August 2017. Host: That is correct! You read correctly.  In 8 months, almost 26,000 companies have filed for Chapter 7, 11, 13 or 15 bankruptcies.  Those are actually pretty normal numbers, […]

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Toys “R” Us is one of the largest retailers in the world and probably the most popular toy store in the United States, but this Monday they filed for chapter 11 bankruptcy protection. The news comes as a shock to everyone but they aren’t necessarily that surprising if you have been paying attention for the […]

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Today, some of the most important innovations and creations have been developed by different startups. The constant technology changes and their evolution, have been the biggest contributor for achieving this. But the success and industry triumphs are reached just by a few companies, due to the hard beginning that startups face, the management and financial […]

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Buying a distressed business can be an ideal option for clever entrepreneurs. However, it may also represent great risks and some potential issues since what you are buying is a financially troubled business. These problems almost never come when you buy a financially stable business, nevertheless, it is often worth the shot given the fact […]

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Wikipedia defines bankruptcy as “a legal status of a person or other entity that cannot repay the debts it owes to creditors”. Depending on the situation, the status of bankruptcy can be imposed by court order or declared by the debtor. The primary purpose of bankruptcy is to allow the individual or company to shed […]

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As we have seen, bankruptcy could touch any corporation no matter its size is. In previous posts, we have talked about different bankruptcy or liquidation cases, showing how this process is and the multiple existing alternatives for surpassing these kind of crisis. Some of the most used methods for avoiding bankruptcy are debts restructuration, payment […]

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The fourth industrial revolution brought along a sheer array of corporate threats. Alongside hackers and Internet criminals, who found in the fast-growing Internet realm the perfect substrate to nurture their felonies, today’s corporate and business juncture is full of traps, most of them capable of forcing a company to file for bankruptcy. Suzzanne Uhland has […]

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