If your business is struggling with debt, filing for Chapter 7 bankruptcy might be an effective option. Sole proprietorships, corporations and partnerships can choose to file for protection under Chapter 7 bankruptcy.
An uncontested divorce is a dissolution of marriage case in which both parties are in complete agreement as to every aspect of their divorce, including asset distribution, debt allocation, maintenance, and, if children are involved, custody and support.
Living Trusts & Wills
You have two primary choices for transferring assets upon your death: a will, which is the traditional method, and a living trust.