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if you file chapter 11 for your business
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but some of the debts have been
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individually guaranteed by you or by
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others many times those individual
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guarantees can be negotiated within the
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chapter 11 for the
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business most of the time that can be
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successful and you’re achieving that as
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a global
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resolution if that doesn’t work work you
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sometimes will have to file a separate
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chapter 11 for the individuals but more
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commonly you’re able to resolve things
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in a global resolution in a chapter 11
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Boca Rotan, FL bankruptcy lawyer Aaron Wernick talks about what to do if you have individually guaranteed debts when you file for Chapter 11.