1 year, 6 months ago
via ask.inc.com
Is it better for a 501(c)(3) that is buried in debt to file Chapter 11 or just to dissolve?
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M$1 Answer
I would contact a local bankruptcy attorney and get their advice. Most bankruptcy attorneys will give you initial advice for free as they need to understand your case before taking it on. Dissolving a non profit is a legal matter so start with a qualified attorney.
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