09/30/2021
Filing for bankruptcy can be a stressful ordeal for small business owners, but it doesn't have to mean the end of the road. Understanding the differences between Chapter 7 and Chapter 11 bankruptcy is essential towards getting your debts in order and keeping your company afloat.
As a small business, there are two types of bankruptcies that you can file in South Carolina, depending on the situation. The two types of bankruptcies are