Question by ILEISHA B: Help has anyone filed bankruptcy,now they own their own business ?
My friend just went through a form of bankruptcy because her,her husband lost their jobs and then their marriage broke up well she wants to start her own christian based buisness needs helpgetting there anyone have any ideas on where to begin…….
Best answer:
Answer by WallBaker
Once she has declared bankruptcy, she cannot do so again for 6 years. That means that lots of people will grant her credit but at a steep interest rate. I am not sure what a Christian based business is. But the bankruptcy just means it may be expensive to get credit.
I assume by help you mean money. She could partner with someone who has good credit which would raise her credit score.
She could also apply with the Small Business Administration for help. They can help with advice and may be able to steer her to financial resources as well. WWW.SBA.GOV
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