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The archipelago of Puerto Rico consists of the main island of Puerto Rico and various smaller islands, including Vieques, Culebra, Mona, Desecheo and Caja de Muertos.
Once the beneficiary of special tax treatment from the US government, today local industries must compete with those in more economically depressed parts of the world where wages are not subject to US minimum wage legislation.
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Naguabo, PR Puerto Rico Bankruptcy
Chapter 13 does not stay on your credit report as long as Chapter 7, and there are some debts that can be discharged in a 13 that can not be discharged in a 7.
The growing popularity of business debt restructuring is due to the fact that bankruptcy is simply not a viable (or productive) option for small businesses that want to continue operations, but find themselves overwhelmed with debt.
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Bankruptcy listing by city for Naguabo, PR Puerto Rico |
