Financial Stress
Managing Financial Stress
For more information on this topic, see the links listed below of articles posted on related Web sites.
- Credit Repair - NOLO Law for All -- Don't lose hope if you have bad credit.
- Dealing with Debt Collectors - NOLO Law for All -- What you need to know in dealing with debt collectors.
- Repayment FAQ - NOLO Law for All – Strategies to help you get out of debt.
- Ten Steps for Financially Troubled Businesses - NOLO Law for All -- If your company is facing financial difficulties, read these tips to keep out of trouble with the IRS, bankruptcy courts and your bank.
- Debt Consolidation Calculator – CCH Financial Planning Toolkit -- Should your business consolidate its debt? Use this calculator to find out.
Legal and Tax Issues
- When You Can’t Pay Your Business Debts: Personal Liability and Bankruptcy Options - NOLO Law for All -- If your business is in the red, take steps to protect your personal assets.
- Tax Considerations in Liquidations and Reorganizations - University of Minnesota Extension -- For a farm business experiencing extreme financial distress, income tax liabilities present real difficulties.
- Mortgage Foreclosures - University of Minnesota Extension -- If a farm debtor is unable to perform under the land security agreements to which he or she is a party, the rights of the debtor and other involved parties are determined by state law depending on the type of security agreement involved.
- If Your Business Loan is in Default – Lawyers.com -- If you’re defaulting on your business loan, chances are it’s only a small part of bigger financial problems.
- Commercial Mortgage Foreclosure – Lawyers.com -- If you’re defaulting on your business loan, chances are it’s only a small part of bigger financial problems.
- Property Foreclosure – Lawyers.com – With personal property, foreclosure rules generally follow your state’s version of the Uniform Commercial Code.
- Security Interests - The Basics – Lawyers.com -- As a condition to getting a loan, a business is usually required to offer up assets as security (or collateral).

