Bankruptcy for Small Business Owners How to File for Chapter 7
1st Edition
Author: Bethany K. Laurence, J.D. & Stephen Elias, Attorney
Price: $25.99


Use Chapter 7 bankruptcy to wipe out your debts!
Bankruptcy for Small Business Owners has the strategies and solutions you need to assess the financial condition of your business and determine whether you should declare bankruptcy to get rid of your debts. Learn about:
what business debts and assets (if any) are affected by your bankruptcy
bankruptcy options and the eligibility factors and downsides of each
"look back" requirements -- periods of time during which personal or business actions have created obstacles to filing for bankruptcy
the automatic stay and putting a stop to collections efforts
valuation of business assets, including good will and intellectual property
exemptions that protect a small business owner's property
what happens to a house in bankruptcy
Find out which forms you need to fill out, plus get all the instructions you need to file them in court. Keep as much of your property as possible and tackle debt so you can move on to your next venture with Bankruptcy for Small Business Owners.
“The most prominent U.S. publisher of self-help legal aids.”
-Time Magazine

“The nation’s largest publisher of self-help legal books and software.”
-The Wall Street Journal

Author Biography

Bethany K. Laurence
Bethany Laurence joined Nolo as a legal editor in 1997. She holds a law degree from University of California, Hastings College of the Law, a B.A. degree from Boston University (Phi Beta Kappa, magna cum laude), and is a member of the California State Bar. Laurence has combined her legal and financial expertise to edit many Nolo small business books and online software applications over the years. She is the co-author of Business Buyout Agreements: A Step-by-Step Guide for Co-Owners, Save Your Small Business: 10 Crucial Strategies to Survive Hard Times or Close Down & Move On, and Bankruptcy for Small Business Owners: How to File for Chapter 7. Laurence also blogs on small business strategies and legal information for business owners on Nolo's Small Business Legal Blog.

Beth also edits Nolo's Guide to Social Security Disability, having worked in a legal clinic helping Social Security disability applicants apply for and appeal denials of disability benefits, and California's Workers' Comp. Using this knowledge, she created and updates Nolo's newest blog on Disability.

Before joining Nolo, Laurence worked as an electronic legal product developer at CCH, Inc. (a division of Wolters Klewer, Inc.), where she created some of the first legal online and CD-ROM products. Over the last decade she has been active on the board of directors of several local environmental and educational nonprofit organizations.

Stephen Elias
Until his death in late 2011, Stephen R. Elias was a practicing attorney, active Nolo author, and president of the National Bankruptcy Law Project. He was an important part of Nolo for more than 30 years, and was the author or coauthor of many Nolo books, including Bankruptcy for Small Business Owners. Other titles include Special Needs Trusts: Protect Your Child's Financial Future, How to File for Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and Legal Research: How to Find and Understand the Law. He was also one of the original authors of Nolo's bestselling WillMaker software. Steve held a law degree from Hastings College of Law and practiced law in California, New York, and Vermont before joining Nolo in 1980. He was featured in such major media as The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20, Money magazine, and more. The blog he began on bankruptcy and foreclosure law continues at Nolo's Bankruptcy & Foreclosure Blog.

Table of Contents

Part 1: Making the Decision—Is Chapter 7 Personal Bankruptcy for You?
1. Evaluate Your Debts and Your Business
2. How Chapter 7 Personal Bankruptcy Works
3. Other Options for Handling Business Debt
Part 2: Filing for Chapter 7 Personal Bankruptcy
4. The Automatic Stay
5. Your Bankruptcy Estate
7. What Happens to Your Home
8. Secured Debts
9. Complete and File Your Bankruptcy Paperwork
10. Handling Your Case in Court
11. After Your Bankruptcy
12. Help Beyond the Book
A. State and Federal Exemption Charts
B. Worksheets and Charts
C. Tear-Out Forms
D. Pleadings

Type of Product





eBook $25.99; Book $33.99

Special Note - Please Login/Register to TaxConnections as this provides you with a Download Option For eBook purchases.



Learn from tax advisors, straight to your inbox

Update My Email Address
Contact Us Today