How to navigate bankruptcy if the coronavirus wrecks your business

How to navigate bankruptcy if the coronavirus wrecks your business

toondelamour

For small businesses struggling to survive during the coronavirus crisis, bankruptcy may end up beckoning.

While overall filings were down in April, the number of businesses that filed Chapter 11 bankruptcy — which involves reorganizing debt and remaining in operation — jumped 26% from a year earlier. And according to some experts, it won’t be too long before the floodgates…

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