Posted by Walter Benenati | Benenati Bankruptcy
Bankruptcy is a legal proceeding filed in federal court and available to those who cannot repay their debts. It offers individuals and businesses a fresh financial start. A bankruptcy petition may be filed by an individual, by spouses together, or by a corporation or other entity. Upon filing for bankruptcy, debtors are protected by the …
Continue reading "What is Bankruptcy?"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
Right now, one of the largest base of clients are contacting us to determine if they can wipe out their SBA loans. The government was giving out these SBA loans and PPP loans during the time when many business were shut down due to Covid. We have been successful at wiping out these debts and …
Continue reading "How Are SBA, EIDL, and PPP Loans Treated in a Bankruptcy?"
Read MorePosted by Walter Benenati | Benenati Bankruptcy
Filing bankruptcy is a last resort when you are dealing with huge amounts of debt you cannot repay. Still, bankruptcy can also provide you with the clean slate you need, while also giving you a respite from the constant debt collection calls. Before you file, it is important to understand the process, as well as …
Continue reading "Busting the Biggest Bankruptcy Myths"
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