Remove Business Bankruptcy Remove Chapter 11 Remove Events
article thumbnail

Divestiture Definition: What Is Divestiture in Business?

Fundera

Growing a small business is rarely a straight path toward success. There are plenty of unavoidable twists, turns, and backtracking that takes place—and in most cases, these events end up being for the best even if they don’t feel like they’re beneficial in the moment. Bankruptcy. The Benefits of Divestiture.

article thumbnail

5 Signs You Need to File for Bankruptcy

Fundera

If you suspect that your business might need to file for bankruptcy, read on to consider whether your situation fits all of the below criteria. If you’ve signed a personal guarantee on any financing, you as the business owner can and will be held personally liable for the repayment of that loan regardless of your business structure.