Archives for August 2014 | Personal Touch Bankruptcy

Top 2 Mistakes Small Business Owners Make When Revenue Falls

by Matt Berkus | Aug 10, 2014 | Bankruptcy, Business Bankruptcy

Small business and professional services are most at risk to even minor economic setbacks. Those setbacks could be a recession, loss of a major customer, or minor mistakes in marketing. However, small business owners, when facing financial distress, compound the...

Dave Ramsey vs. Bankruptcy, The Bankruptcy Side of the Story

by Matt Berkus | Aug 10, 2014 | Debt Freedom

Dave Ramsey, creator of Financial Peace University and author of Total Money Makeover, has some very distinct views regarding bankruptcy. When you read his material, you will learn that he and his wife filed bankruptcy. He often describes the experience as “one of the...

What is a Preferential Payment in Chapter 7 Bankruptcy?

by Matt Berkus | Aug 10, 2014 | Bankruptcy, Chapter 7 Bankruptcy

What is a Preferential Payment? When a debtor files chapter 7 bankruptcy, one potential asset that is often overlooked by the inexperienced debtor are the payments he might have made to creditors in the months leading up to bankruptcy. These payments are known as...

Personal Touch Bankruptcy Blog

Archive for August 2014

Top 2 Mistakes Small Business Owners Make When Revenue Falls

Dave Ramsey vs. Bankruptcy, The Bankruptcy Side of the Story

What is a Preferential Payment in Chapter 7 Bankruptcy?

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