Legal Question in Bankruptcy in Nevada
I am in a chapter 13 BK can I start a business? I have the opportunity to get a business started and become self employed, I was wondering if that is possible.
Asked on 7/28/10, 1:54 pm
1 Answer from Attorneys
I can't think of any reason why you couldn't start a business while you are in a Chapter 13. However, remember, while you are in Chapter 13, you are not allowed to borrow money without court approval. So if the business needs start up money, you will have to get that court permission or have anyone who gives you money for the business act as an investor, not a creditor.
Good luck!
Answered on 8/02/10, 3:57 pm
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