184, RE: Bankruptcy? Posted by lisasgourmet, Sat Feb-24-07 02:54 PM
Roger:
YOu may have some difficulty with the banks on that one. BUT, there are other possibilities.
First,and foremost, you MUST have a complete business plan, along with a personal financial statement, minimum 2-3 years personal tax returns, and definitely, include a summary explaining prior/past credit problems.
In my experience, a bankruptcy does not have to be the ice-breaker for financing. It really depends on the bank, the circumstances for filing, etc.
Go in with a strong business plan, realistic explanations, ect. and it could still happen.
Start with your local Small Business Development Center. They are awesome for business mentoring.
Good Luck!
Lisa http://www.allthingscheesecake.com
Save the Earth! It's the only planet with cheesecake!:D
|