In one of the more dramatic examples of corporate bankruptcy in recent years, the failed cryptocurrency exchangeFTX filed for Chapter 11 bankruptcy protectionin November 2022. Unlike many Chapter 11 bankruptcies, this turned out to be more than a case of mismanagement and poor business.2 The compa...
Big changes are coming to the debt collection industry: Regulation F will affect how you do business and could spell legal trouble. TCN has developed this comprehensive guide to Regulation F and how it affects debt collection agencies and their practices. The Consumer Financial Protection Bureau (...
Spell out what you do. For example, you can say you're the owner, president, or general manager. Related: CEO Statistics Business address and phone number You'll need to fill in the contact information for your business. If you run your business from home, just use your home address ...
Lending Club requires you to be in business for a minimum of 12 months, and have at least $50,000 in annual sales. You must also own at least 20% of the business and have fair or better personal credit. They don’t permit recent bankruptcies or tax liens. Loans under $100,000 requi...