Legal Question in Credit and Debt Law in Indiana
small business credit card
My wife and I sold our business on 1/1/07. All we have left is two credit card debts to the small business with our name on the card. Debt is about $9,000. Are we better off filing for bankruptcy for the business, or trying to work out some kind of debt consolidation. How will this affect our personal credit.
Asked on 3/26/07, 6:08 pm
1 Answer from Attorneys
Samuel Hasler
Samuel Hasler
Re: small business credit card
Since I have no idea of your financial situation, I cannot give you any answer other than to consult with an attorney in your area. One handling bankruptcy cases would be best.
Answered on 3/26/07, 7:46 pm