Bankruptcy Options

Bankruptcy Can Be The Beginning of Your Financial Restoration!
If you are contemplating filing for bankruptcy to wipe out tax debt, interest and penalties, have a professional thoroughly review your situation prior to filing. In some cases, filing for bankruptcy will leave you with the clean slate necessary to start over. If you don’t qualify to eliminate tax debt through bankruptcy, however, you may find that when all is said and done, you still have a massive tax liability left to deal with.

As you may be aware, there are different types of bankruptcy that you can file for. Each one has a different purpose, outcome, and long-term effect. Determining which type of bankruptcy will be the best for your situation (if any) demands a close examination of your financial situation, assets, debts, and history from every angle. The opportunity of a second chance that bankruptcy offers could be just what you need, but you need to make sure that you have the best chance of success and nothing comes back to haunt you.

Contact us for pre-bankruptcy counseling to help you determine if bankruptcy is the best answer for you.

Before Filing for Bankruptcy, let us review your options with you.

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The Word on Payment Methods for Palm Harbor Businesses

…payment methods!Try to come up with one thing that’s more important to your Palm Harbor business than taking in revenue smoothly. Yeah, I couldn’t, either.And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of...

Alleviating Cash Flow Management Pains for Palm Harbor Businesses

Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Palm Harbor small business. But, some...

Why Should Palm Harbor Businesses Care About FASB and GAAP?

  Yes, inflation isn't slowing down, even here in Palm Harbor.Though it's not the main thing I'll be writing about today, I did want to point out this economic elephant in the room for my Hillsborough County business owner readers and clients, and not...

An Accounting Methods Rundown for Palm Harbor Businesses

Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Palm Harbor business owners are in the thick of things during this commemorative...

Making the Most of Your Palm Harbor Business’s P/L Statement

In the arena of not-so-good news, along with so many other things these days, there’s a lot of chatter about a possible recession on the horizon. Just when you thought things might be looking up… Inflationary insults to injury for Palm Harbor business...

Eclipse Accounting and Tax’s Guide to the Profit and Loss Statement

As a small business owner, you’re often preoccupied with all the things that go into running your Palm Harbor business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one,...

Three Financial Statements Palm Harbor SMBs Need To Get Right

If you’re a successful Palm Harbor business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials... Successfully pulling it off is...

Customer Relationship Management Software for Palm Harbor Businesses

Apparently, it is National Small Business Week. And while I tend to think these kinds of “national weeks” or days, or what have you, are often pretty silly … well, as someone who has been in the trenches with the SMB community over the last few years, I...

Time Management Software Choices for Palm Harbor Businesses

There’s never a better time than now to start a deep dive into the financial practices of your business. Of course, the first place you always want to start is with cleaning up your books (and we’re here for that – if you’re ready: calendly.com/eclipse-team-1).Then...

What is the Best Payroll Software for Your Palm Harbor Small Business?

Every Palm Harbor business owner in today’s inflationary environment is looking for ways to economize and improve: overhead expenses, workload, staffing needs, office space, supply chains, etc. It all feels stretched. We’re *all* feeling it, even here in Palm...

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