help for your financially-troubled business


 NoloCompanion The newest entry in the Law-in-Plain-English podcast series is entitled What Do You Do If Your Business is in Financial Trouble? (Nov. 3, 2006, 15 min)  According to Nolo,  Attorney and small-business expert Fred S. Steingold (author of Legal Guide for Starting & Running a Small Business, 9th Ed. 2006) “answers questions about the payment of taxes, how to develop an asset protection plan, using a corporation or LLC as a personal liability shield, extending insurance, dealing with penniless partners and the problems of favoring certain creditors before filing bankruptcy.”  [you may soon be able to find a transcript here]  For additional information and links on this topic, you can also check out resources, such as Guide to Turning Around a Troubled Business, by Jackie Larson, and Guide to Business Bankruptcy Alternatives, by John Fuller.

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