When you start a business, personal finances and business finances are supposed to be separate, right? Not always. Approximately 20% of new businesses fail within the first year. One common reason? Debt. And for many Texas entrepreneurs, that debt doesn’t always stay confined to the business itself.
Can Business Debts Affect Your Personal Credit? What Texas Entrepreneurs Need to Know Read More »
When debt becomes overwhelming, making the right decision for relief is essential. Did you know that in 2023, nearly 452,990 Americans filed for bankruptcy to address unmanageable financial burdens? Choosing between Chapter 7 and Chapter 13 bankruptcy is a critical step in gaining a fresh financial start, but the right choice depends on your circumstances.
Chapter 7 vs. Chapter 13 Bankruptcy: What’s Right for You? Read More »
Bankruptcy has had a lot of stigma, with people assuming the worst from the name. However, it is a financial tool that gives you a clean slate when facing a financial crisis. The act is often considered an easy way out for lazy people or a grave mistake that will harm your credit score. The
The Pros and Cons of Chapter 7 Bankruptcy Read More »
