where is the answer? or is it still processing?
i have 3 different llc businesses and 1 business is having a problem i am getting into debt to try and fix it and using money from other business to create and get it started to be recession proof and now i am 40k in debt now have 2 other vehicles bought and used for this business and added on to business and am forced to do marketing of tv commercials to survive and this will be another 15 k estimated to make a big push, now will be 60k in debt and will only have another 40k left of credit i think i may end up needing to go bankrupt if this doesnt work, i know tools are exempt, is there any limit? but vehicles are not, even though they are used, i have to re buy them at estimated value, just wanted to know if previous business i have been having for last 10 yrs, will also i will have to re buy my tools and truck for this business? or or these separated because of seperate llc names and bank accounts? if so then only this business will be affected by this possible chapt 13, i also have a separate paid for trailer house with different location and address, i use for business, as office and tool storage, will this also be protected if i have to do this and cant afford to get out this mess? also since advertising is part of business, will it affect anything if it advertising is used for this llc or does it matter if it is used as whole or part for other businesses including this specific business, as i have 3 home service businesses? just would like to know the rules of how this works in case it is necessary, thanks
thanks ill cancel ok thanks anyway
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