Bankrupcy Questions


1 Votes
3 Answers
2.1K Views
What happens when a corporation(small restaurant) declare bankruptcy?(Canada)

This corporation is a small restaurant in Canada. If there are debts need to be paid to the other companies and to the government, what is the liability of the major share holders and people who...

asked Oct 6 '12 at 07:21
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Shawn
6 points

1 Votes
3 Answers
2.15K Views
How to take on a bankrupt client?

If a company is already in bankruptcy, but wants to engage my services or buy my product, what should I be aware of? Is that just a completely dumb idea? What can I do to protect myself?

asked Apr 12 '12 at 01:17
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Larsenal
106 points

6 Votes
4 Answers
2.37K Views
Does shutting a start-up down affect your ability to do future start-ups?

I have a friend who is contemplating shutting his start-up down. Because he has more liabilities on the books than assets he would have to file for some form of bankruptcy (I think). My question is...

asked Jan 28 '10 at 09:57
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Tommy Maddox
156 points