The impact of your partner or spouse going bankrupt can drag you into taking full responsibility for their debts, depending on how they were purchased.
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You have 6 years to recover a debt, but there are some “buts” that can extend that time.
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Now more than ever, small business knows that at the core of running a small business is getting paid. This is particularly relevant in current economic downturn of Covid-19 causing business cashflow to drop dramatically.
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