Tagged Questions

1
vote
2answers
15 views

Drawbacks of owning a company

Hi All, In NSW, Australia... For Directors, what are the consequences if a company goes into debt and cannot pay itself out of debt for not being able to earn enough money to keep …
2
votes
1answer
192 views

What are debt covenants?

What are the benefits involved in using them when there is a debt? Are thy useful for the lender or for the borrower?
2
votes
1answer
18 views

How do you manage debt on your business and personal life?

What should people know about debt to be smart when borrowing money to buy things they need to operate their businesses or satisfy their consuming needs? I´d appreciate every pie …
2
votes
1answer
12 views

What part of the debt will each partner pay if the company goes bankrupt?

How is the debt of a company splited between partners/board members? I'd like to know how this topic is treated when a company goes bankrupt. Which are the factors involved that w …
1
vote
1answer
22 views

What should I know about a website being legally transferred to myself?

I've been involved with a small website for a few years, and the owning company no longer wants to operate it. They want to legally transfer the site to me. What should I know abou …
1
vote
2answers
110 views

Is there a database for debt collection?

I wonder if there’s a place where to find statistics and information on debt collection agencies. Any hints are welcomed!
2
votes
1answer
15 views

Main features of a convertible debt

What exactly is a convertible debt? What are the benefits involved in convertible debts?
1
vote
4answers
134 views

How do you raise funds as a small business under 2 years?

Banks aren't loaning to businesses below 2 years so what can I do? My business needs a LOC to keep it running.
1
vote
2answers
21 views

Why should a person file bankruptcy?

What are the main reasons a person files bankruptcy? Do you still have to pay all your debts if you are broke? Thank you
2
votes
2answers
12 views

Do you have to pay taxes on debt settlement?

I´m looking for advices to understand better how taxes might be charged on debt settlement. What can you tell me about this to be prepared to that situation?
1
vote
3answers
63 views

How can I get some debt financing?

I am looking for 100K and willing to pay 8-10% interest for this. Anyone know where I can get this type of funding for my business?
1
vote
1answer
18 views

What is considered tangible property for a bank in case of a loan defraud?

Is your business consider a tangible property? What else do they consider when you don't pay an obligation? Thank you
1
vote
1answer
15 views

What are the negative aspects of debt financing?

I know there are several disadvantages when it comes to borrowing money to start or continue with your business. But it is necessary. Are there any alternative options?
1
vote
1answer
8 views

Small business funding when you are in debt (default on account)

I am trying to get a small startup off the ground. I need around 5-10k for equipment and marketing. The problem is that I am in a lot of debt, default from credit card when younge …
1
vote
1answer
8 views

Is there any strategy to shrink a business debt?

Is there any possibility of minimizing a business debt? What are the strategies that I need to consider to accomplish that goal? Thank you all

1 2 3 next
15 30 50 per page