For any entrepreneur that has been through a bankruptcy, the idea of starting a new enterprise can feel overwhelming. Can you get a business loan after bankruptcy?
As 2017 came to a close, the number of companies at potential risk of defaulting on their debts or seeking bankruptcy court protection continued to grow.
How a personal bankruptcy will affect an ownership interest in a small business is dependent on the type of business as well as what form of bankruptcy (Chapter 7 or Chapter 13) is filed.