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Bankruptcy

: The Debt Podcast

Bankruptcy And The Loss Of A Business

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When a business fails, the owners often find that they have to file bankruptcy.  If the business was a sole proprietorship or a partnership, the owners are personally liable for its debts.  And if it was a corporation or a limited liability company, the owners often had to guarantee loans or purchases, and therefore remain [...]

Full post as published by The Debt Podcast on February 13, 2010 (boomark / email).

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