The business world is paradoxical. The worst thing that can happen to your business, technically speaking, is bankruptcy. This process, as well as debt restructuring, is something that nobody wants to go through. We all want to make money, thrive, expand, and achieve our dreams. And one might think that nobody, absolutely nobody, wants bankruptcy, […]

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When a company decides to declare itself bankrupt it needs to file a petition under the chapter 7, that petition, later on, will become a discharge. The term discharge can be unknown to some, for this reason, we will explain it in detail in this article. A discharge is an official list of the debts […]

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In multiple articles, we have talked about the most used and important ways for restructuring debts. We have also seen different cases of multiple organizations from various industrial sectors applying some credit agreement to avoid bankruptcy. In addition, we can say that all these shown methods have given to us a very significant context to […]

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