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Pandemic: When is it Time for a Small Business to File Bankruptcy?

June 30, 2020

It is no secret that the pandemic currently gripping the globe has resulted in more than a few hardships for individuals, families, and businesses. It is often small businesses that get impacted the most. These entities simply do not have the capital required to withstand such a massive drop off in revenue so quickly. Payroll can no longer be met, rent and utilities are difficult to pay, and the list can go on and on.

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