Man, I have to learn more about that at some point. I own a business but it was never designed to be one that took out a business loan. I never even considered it because I just equated losing it with the awfulness of losing a bunch of personal money. Is there a class one can take that teaches people how to work the bankruptcy/llc system the way it's intended to be worked? Meaning, not abusing it, but being "entrepreneurial" in the way that those laws are apparently supposed to incentivize?
I think it's more of a thing where you talk to a bankruptcy lawyer. I'm sure some are willing to talk for free for 30 minutes or so. Maybe talk to one or two, then draw up a list of questions and pay one for a full consultation.
