According to the National Association of Women Business Owners, there were over nine million businesses run by women in 2015 and this number grows every year. Because it’s often difficult to get capital for business, many women are use personal credit cards for funding, especially in start-up mode or when cash is running low. Some small business owners also borrow against personal assets, such as a home, to fund their dreams. While this practice is common, it may not be the best practice.

Hathaway Adair, P.C. is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. This newsletter is for informational purposes and should not be considered legal advice. Please consult Hathaway Adair, P.C. or your own legal counsel for legal help.