Reasons To Visit London This Christmas

Reasons To Visit London This Christmas

We’re approaching the time of year when everyone starts to think about one final mini-break before Christmas truly arrives. Those last two or three weeks of December always go past at a frantic pace, with little time to pause or relax, so many of us go away for a long weekend to charge our batteries before it’s too late.

There are plenty of places to go, both in the UK and abroad, but it might not always be wise or desirable to spend money leaving the country when you have the festive season approaching. You’re likely to be spending a lot on gifts and entertainment, so you don’t want to leave yourself short by blowing it all on a trip to Rome, even if that does sound wonderful.

The UK has plenty of destinations to choose from for a few days away. It sometimes feels like ‘the done thing’ is to head to the countryside for a while, and that can be a great choice. The scenery is beautiful, and it never hurts to get back to nature. At this time of year, though, it can be a little too cold and dark. So why not show England’s capital some love instead?

If you already live there, try Birmingham or Manchester instead. See what you can find further North. But if you don’t, then here are a few good reasons to consider London for a pre-Christmas visit.

See Hyde Park Winter Wonderland

If you’ve never been to Hyde Park, you’ll have no appreciation of the scale of us. Trust us when we say it’s a really big place. Every year, Hyde Park turns itself into a Winter Wonderland that would be the envy of any city in the world. The entire park becomes a living, breathing Christmas town full of entertainment and excitement.

There’s far too much going on for us to detail here, but just to give you the headlines there’s a magical ice kingdom, a full sized theme park, a Bavarian market, an ice bar, and a complete Land of Santa. There are ice sculpting workshops. There’s a comedy stage. If you could imagine such a thing, this is the Glastonbury Festival of Christmas. There’s entertainment and activities for adults and children alike, and plenty of it.

Hit The Casinos

Very few people don’t enjoy the thrill of an occasional flutter. Whether your chosen method is bingo, lotteries, roulette or slot machines, there are plenty of casinos to be found in London which should cater to your tastes. Recent years have seen a lot of gambling move online. While there’s no denying the sophistication and variety of Clover Casino’s Games and websites like it, with their range of online slot titles and friendly gaming environment, there’s still a lot to be said for visiting a casino in person every now and then.

London has quite the extensive range of them. Just standing in Leicester Square, you’re within walking distance of Horizons Casino, the Hippodrome Casino, The Rialto and the Empire Casino. With all the lights shining bright in the winter’s dark, it’s like you’ve somehow wandered into the middle of the Las Vegas strip. And who knows, you might even win yourself some extra Christmas spending money!

Walk The Kew Gardens Light Trail

Kew Gardens is a tourist attraction worth seeing all year round. The massive, beautiful botanical gardens hosts displays, lectures and events from all over the world. Guided talks can give you a sense of the history of both the gardens themselves, and the plants and features to be found there. The story of how the gardens were affected by both world wars is particularly emotional, but it’s the Christmas Light Trail you really have to see.

Every December, Christmas arrives at Kew Gardens, and the after-dark festive trail of lights become open for families to walk down. The incredible display features over a million individual bulbs. The woods become glittering canopies, as laser displays skip across the skies. It’s a truly awe inspiring experience which seems to get bigger every year.

Carnaby Christmas Festival

If you’ve never heard of Carnaby Christmas Festival, you’re in for a real treat. Carnaby Street is forever associated with the sixties, where the street, the bars and shops on it and the people who visited it seemed to sum up the entire era happening around them. It’s managed to keep its finger firmly on the cultural zeitgeist since then, and every Christmas it hosts a carnival.

The carnival looks like something that would be more at home in Rio de Janeiro in the peak of summer than London at its coldest. This year, the organisers have ordered in neon coconut trees, giant party poppers and exotic birds to give the street a Caribbean flavour, which should go well with the pop up food and drink stalls that always appear in the street this time of year.

All The Reasons You’d Go Any Other Time

Of course, you might want to avoid Christmas while you’re away. You’re going to have to deal with it when it arrives, so why not delay that for a little while and focus on something else while you’re away? So instead of doing any of these things – except maybe hitting those casinos – why not just do the things you’d do in London at any other time of year?

London doesn’t stop being London just because of the season. You can still visit Big Ben. You can still see the Houses of Parliament. It still has Tate Modern and the Southbank Centre. The Tower of London and the Natural History Museum welcome visitors all year round. You’ll definitely see Christmas decorations if you go to look at Westminster Abbey, but it’ll be so beautiful that you won’t mind. Go and take in the sights and sounds of a real East End market. Go to find out what all the fuss is about in Harrod’s, the world’s most exclusive department store. This is London. There is always something to do. There is always something to see.

If reading this has whetted your appetite, then why delay? Christmas will be here before you know it, and then it’ll be 2019. You deserve a break. Give yourself one!  

Top 6 positive benefits that going to college brings

Top 6 positive benefits that going to college brings

When it comes to living your own life and doing things your way, the opportunities to do so can come along from a fairly young age. You certainly do not need to wait until later in life to start taking control! One of the first major decisions many US citizens will have to make is whether to go to college or not, after high school.

This is naturally a pretty big deal and something to think about carefully. As always, this should be your own decision and you should only go if you really want to. Living the life you want is about making your own mind up and not being afraid to follow your instincts. College is actually a superb way to start forging your own path in life, and it has been shown that enrolling there brings many additional benefits to graduates.

As long as you are going because you want to and to start building the life you want, it is a smart move for many.

Awesome benefits that a college education gives

If you are seriously thinking about going on to college after high school, there are some great reasons to do so:

  • Get a better job and salary we’ll jump right in with the money issue first! While it is not everything in life, working in a career you enjoy that pays what you need to live well cannot be ignored. A college education has been shown to provide these benefits, with the average weekly salary of a college graduate being $1 137.00 compared to $678.00 per week for a non-college graduate. When you add in that is expected that by 2020, education after high school will be required to secure 65% of available jobs, it becomes clear why college makes sense.
  • More qualification equals more choice when it comes to having the education to forge the career you want, the extra qualifications you get at college come in handy. Having qualifications such as a degree will open up more career paths to you and mean you are not forced to take a job you don’t really want simply because it is the only one you can get.
  • Increased job security reports have found that the level of job security increases and unemployment is much lower for college graduates. This is because the specialist qualifications and skills gained at college makes you more valuable to an employer – they simply cannot easily find someone with the same skills to replace you. This is not the same for high school graduates, who often have basic skills that are easily replaceable.
  • Develop your social skills and network– it is not purely educational benefits that college life can bring you. One of the big pluses for attending is the way it will help to develop your social skills. Having to mix with new people and make new friends will greatly enhance your ability to engage with people. When you move into your adult life, this is a great skill to have for both your career and personal life. College is also good for networking – the people you meet here, from tutors to fellow students, can often prove helpful later in life for your career or on a personal level.
  • It makes you grow up many people have the feeling that they go to college as a child and leave as an adult, ready to forge their own lives into the future. The independence that college gives not only makes you more responsible but gives you an environment to make that transition into adult life smoothly. If nothing else, it gives you the time and exposure to new ideas that will help you decide what you want to do when you leave.

Fraternities and sororities – essential parts of college life

When talking about college in the USA, fraternities and sororities play a key role. While you do not have to join one, the many benefits they bring makes it something to consider. You should certainly not be put off by the lurid tales that some people tell about them! But what can joining a fraternity or sorority offer to members?

One of the key roles many play is in helping to develop your character and become a leader. This is naturally of great benefit for later in life, when leadership skills will allow you to shine. Transformational leadership is the method of achieving this and shows you how to mix action with character to produce amazing results. These kinds of societies also offer mentorship and help for members even after they leave college, which many find appealing.

College offers many fabulous benefits

From better career prospects to superb personal development and the chance to meet like-minded people, college is hard to beat. Of course, you should remember it is also fun, and will give you a great start to adult life. The friends and memories you make at college will last forever and help you in building the life you want afterwards.

5 places to travel solo in 2019

5 places to travel solo in 2019

There are many reasons you travel solo, one of them being self-indulgence. Solo traveling is an ideal option of travel if you wish to try something new. However, you need extensive planning and a vacation planner to make the perfect trip happen. Here is a list of 5 best places to travel solo in 2019:

1. Italy

Italy has a brilliant transit system that is well-connected to all the major attractions in the country. It is one of the many reasons why Italy deserves a spot in the top solo travel destinations in 2019. The wonderful people of Italy and the delectable, cheap delicacies make the country a revelers’ paradise. Walking through the beautiful cobblestone streets in Italy is like taking a walk down the rich heritage that the country has.

2. Mexico

Budget travel and time restraints are a part of a solo traveler’s journey. Mexico has accommodations and attractions that are perfect for your budget and time schedules. The country is blessed with a diverse kind of natural landscapes. Delicious cuisine, unparallel natural beauty, and rich history are some of the many reasons that make Mexico the best place to visit. Mexico is packed with cool and artistic stuff to do. The people here are equally cool and welcoming.

3. Iceland

Iceland is one of the most beautiful places to visit on Earth and traveling solo is the best way to experience its beauty. One of the best things about traveling in Iceland is that almost all the people there speak English. Adventures like horseback riding and glacier hiking can be easily booked through booking centers that are located on almost every important street in the country. Iceland has both adventurous and luxurious things to do. The Northern Lights in Iceland is one of the most fascinating natural phenomena in the world and should, definitely, be on your bucket list when in Iceland.

4. New Zealand

New Zealand is often deemed as one of the safest countries to travel in the world. The country is a paradise for adventure lovers. The rainforests, glaciers, and southern alps are a perfect setting for adventurous activities like bungee jumping, hiking, and jet boating. New Zealand is also known to have some of the most friendly and accommodating people in the world. This surely gives the country brownie points for being a top solo travel destination.

5. USA

The United States of America is a unique blend of the world’s best cosmo culture and the world’s most diverse national parks. The many state-of-the-art museums and galleries never fail to please the art buffs. The country is full of places to hike and camp. With hippie beaches and party spots, many cities in the United States make up for one of the best delighting cities in the world. The country has a mix of many cultures and ethnicities and hence is a popular destination for international tourism.

Planning a trip to one of these places? Use Triphobo to plan a hassle-free vacation!

The Perfect touch of elegance for your House

The Perfect touch of elegance for your House

Your house is unarguably an important part of yourself. It holds some of your dearest and most beloved memories.

It portrays our innate desires and characteristics as human beings.

Thus it seems only fitting that you get a portrait painting to add a touch of sheer beauty and elegance to your home.

It is a place that has given you so much too look forward too, it’s about time that you repaid it.

Turn pictures to painting as you relive and recreate some of your most awesome memories.

The canvas can be a great medium to express your love and passion for something or someone that is very close to your heart.

The lasting effect and impression that art can have on a person never ceases to amaze me.

A painted portrait is a great way to make your house stylish, that too in a much more subtle and meaningful manner.

It is the perfect setting for a place that has been your fortress and protector for ages against any and every kind of external force.

Convert photo to painting and see your gallery become even more beautiful than it already is.

The strokes of paint certainly add a touch of aesthetic beauty, to your beloved memories.

Just imagine viewing a huge life size custom portrait as you walk down the hallway of your home, filled with nostalgia as it takes you on a trip down the memory lane.

It is sure to be a great centre of attraction for all the guests, colleagues and family members that enter your house.

Your home can be a shining example of how people should celebrate their memories.

With many sites and online shops to choose from I would certainly recommend that you choose PortraitFlip.

They offer you a wide variety of mediums to choose from such as charcoal portrait, oil portrait, watercolor portrait and more.

Apart from your regular sizes (small, medium and large) they also give you the option of getting a custom acrylic portrait whose dimensions and size can be manipulated according to your wish.

All of these at really economical prices, what else could you ask for?

One is also offered some great customer interaction services.

Deep down in our hearts we all yearn to relive some of the moments that we have had in our wonderful life.

These are in fact the moments that make our life worth living.

A painted portrait is not only a great way to treasure such moments in your life but also an awesome way to add an artistic and creative touch to it.

In the words of famous artist Pablo Picasso “The purpose of art is washing away the dust of daily life from our souls.”

A beautifully crafted, authentic handmade portrait painting not only appeals to the eye but also touches the heart.

Turning photo to painting is a great idea for a portrait painting as you can connect with it on a more personal level.

Life is meant to be lived to the fullest and the only way to do this is too create new experiences and memories as we go along the way.

Recreating the old ones can also give us the courage and determination to go on when tough times are upon us.

It is absolutely essential that you add creating memories to your bucket list of things to do.

When your hair becomes white and your body weak and frail, you can have a look at the acrylic portrait painting, smile and be assured that you have lived a life which was totally worth it.

What you need for a safe and comfortable motorbiking experience

What you need for a safe and comfortable motorbiking experience

So you bought a motorcycle, and now you can ride your way through your country and enjoy the long winding roads leading to exciting destinations. The sound, the thrill, and everything else that make motorbikes are what make hundreds of thousands of people use their motorcycles every year.

But let’s face it, motorcycling isn’t as simple as driving a car. When it comes to the attention, you have to pay to everything, how well your reflexes must be developed, as well as the gear you’re supposed to wear to protect yourself and even those on the road from dangers, you’re bound to make a more serious investment than you might think.

Let’s look at some of those items that can keep you out of harm’s way when you’re out riding your bike.

Start with a quality helmet

It goes without saying that protecting your head (and your brain) from everything that might pose a threat to it should be your primary concern. Not all helmets are made the same. So, while you might be tempted to go for one of the eye-catching retro moto helmets you’ve seen in the window of a shop, you ought to know that these make poor choices for long-distance riding.

One of the cons is that they don’t provide you with adequate protection for the face area. With many vintage-looking helmets, you will have to wear a scarf and a pair of goggles, and that’s because many have an open-face design.

To choose the perfect helmet, you need to consider its size and your head measurements, as well as the type of riding you engage in. Full-Face alternatives are by far the safest ones, so if you know that a ride from one country to the next is what awaits you in the upcoming days, you definitely have to get one of those.

Other types of protection

Not just the helmet matters, after all. You also have to protect your elbows, your knees, and your hands. Why cover your hands with a quality pair of gloves? The truth is that your hands are bound to get cold when you ride at impressive speeds. The wind can affect them and lower the temperature of your whole body, as a result, but there are other things such as tiny rocks or insects that could hit your skin when you’re cruising at high speeds.

Elbow, knee, and even spine protectors can be found for average prices and they significantly increase your overall safety.

Regular clothing vs. motorbiking clothing

You’ll need a jacket and a pair of riding pants to feel comfortable and protected. However, if the weather is particularly warm, you might want to wear jeans instead of the riding pants. Don’t make the mistake of thinking that jeans can protect you in the event of a crash. Kevlar jeans are capable of doing so, but the regular ones you wear when you go shopping for groceries cannot.

Advantages and Disadvantages of Filing Your Own Taxes

Advantages and Disadvantages of Filing Your Own Taxes

Neglecting your personal finances can lead to all types of problems in the future. Therefore, you should stay organized and make sure to keep close track of your finances. Part of keeping your financial life in order includes dealing with filing your income taxes. Failure to do so can result in fines and various other charges. The Internal Revenue Service (IRS) may even decide to contact you by mail, which is usually not good news.

Therefore, you should make sure to plan ahead and prepare to file your taxes on time or even early if possible. However, whether you decide to file your taxes yourself or hire a competent tax professional, such as Western Shamrock Corporation (Local) tax preparation service(s), will depend upon your knowledge of tax laws and accounting and also how much time and energy you are willing to spend. You should carefully examine the pros and cons of filing your own taxes since there are some significant risks and disadvantages in choosing to do so.

Time factor

Time is money, as they say. This is one thing to think about before choosing to file our own taxes. In many instances, depending upon your situation, filing your own taxes can be an extremely time-consuming venture. Taxpayers spent an average of 13 hours, according to the IRS. If you have to file a Form 1040 then that amount of time goes up to 16 hours. However, if you have to file business taxes, the amount you will spend jumps up to 24 hours on average. In more complex cases, the amount of time spent can even be more. Depending upon your situation and how much you value your time it may make sense to hire a tax professional.

You can deduct tax preparation fees

One of the drawbacks of hiring a professional tax preparation service is the fees charged. However, if you itemize your taxes you may be able to deduct the fees charged for a professional tax preparer. If you file Form 1040, you can deduct tax preparation fees under miscellaneous deductions as long as your deductions under this category is 2 percent or less of your adjusted gross income.

Constantly changing tax laws

Another reason to consider hiring a professional tax preparer is the constantly-changing federal tax code. Each year the tax laws are adjusted making it almost impossible for the everyday person to be completely aware of the changes and if they may be applicable to his or her situation. A good tax preparation service should be up-to-date on all of the latest tax laws in order to make sure you are in full compliance with regulations while ensuring you are aware of all of your options. This will allow you to minimize your tax liability and possibly even help you receive a large tax refund.

Save money

Of course, the obvious reason to do your own taxes is to save money on the preparation fees. This may make sense if your taxes are fairly simple and straightforward. If you have a basic understanding of tax law you may be able to get by. With the amount of free information on the Internet, it is definitely possible to teach yourself. However, you will have to be careful to only use accurate sources of information. On the other hand, there are certain circumstances which are too complicated for most untrained people to handle, requiring the help of a competent tax preparation service.

If you own, sold or started a business it may not be a good idea to do your own taxes. Also having various investment gains or losses can make filing more challenging. Capital asset, real estate, and trust fund transactions will require significantly increased time and effort to report. If you receive income in a state or country that is not the same as your residence, certain tax laws may apply in different ways which could require significant tax law knowledge. Additionally, if you are self-employed your tax filings will be significantly more burdensome than the average nine-to-five worker.

How to: A Career in the NHS

How to: A Career in the NHS

For those of you that are particularly interested in a career in either social or public health, it is important to establish what area you would like to apply to, and ways in which you can help achieve this. Today we discuss some routes into the NHS, as well as different opportunities you can take to both research job positions and front line roles like physiotherapy jobs.

A perfect chance to discover the multitude of careers available within the NHS is to attend one of their ‘career fairs’. Before you attend, it is advisable to research different roles and where they are within the fair to make your experience more worthwhile- you can maximise your time talking to people instead of trying to find the different locations and possible jobs.

Similarly, the NHS suggests it is a great opportunity to practise marketing yourself in front of NHS representatives, whilst also making useful contacts. The importance of networking within the NHS is really high and brings about many advantages. Having a network of contacts allows for the sharing of information easily with others, whilst also gaining you access to current knowledge. It is essential for a successful career in the NHS!

Your connections within the health care system are especially crucial in getting work experience before you apply. Unlike many other jobs, a career in the NHS can be very stressful and so it is required to have experienced the environment in which you will be working, none the less to see if you can manage it. Of course, there are some roles that are less active with patients and are almost ‘behind the scenes’, such as research jobs, or dealing with the finances of the NHS but work experience can help promote you amongst the sea of applications.

While many people choose to complete A Levels and then apply for a degree, there is the option of an apprenticeship for those aged 16 and over. Not only is it structured training where you will be with an employer, but it leads to nationally recognised qualifications that gives you access to a myriad of different careers. An apprenticeship is a great way to enter the career path for the NHS as you also get paid at the same time as working. Therefore, you are receiving an education, gaining invaluable experience for the future, whilst also earning a living. Ultimately, a career in the NHS is undoubtedly a stressful job, but one of the most rewarding as you are personally involved in the well-being of those around you, and are often saving lives.

BUSINESS 101 – TRADE SHOW POP-UPS

BUSINESS 101 – TRADE SHOW POP-UPS

What can be done with some bright graphics and crisp photos that demand attention. It’ll make your customers run for that product. It can give you the power to recapture the attention of people who passes by and bring them back when they’re ready to buy. In short, they help you in keeping your brand in front of your customers.

Trade shows are all about capturing attention, drawing foot traffic and making impressions that turn those in attendance into clients and customers. Trade show displays typically include a header graphic with your logo and tag line, and several supporting graphics to showcase your products and services emphasizing the features that differentiate your offering. You can get a complete portable trade show display booth created, produce pop up booth graphics for your existing display, or provide accessories like banner stands and easel signs.

Here are some trade show display exhibiting options to choose from which will help you in making your next event a huge success.

  • Tension Fabric Displays

This consist of knit-polyester graphic sheets that wrap around and zip shut over metal frames, which can be assembled and disassembled in a few easy steps. They’re easy to clean, fold and carry, and they’re inexpensive to replace or modify.

  • Modular Truss Exhibits

The modern, striking, state-of-the-art appearance of the modular truss style of trade show displays is popular among vendors who wish to stand out on the floor at trade show events. It can be set up quickly and easily by hand. Any type of display can be assembled with simple twist-and-lock motions — no tools are needed.

  • Pop Up Displays

A collapsible set of panels that can be propped as one of the lighter weight display types, the pop can easily be carted around, set up at trade shows and other public events. It comes up with bold graphics and logos that are designed to boost brand recognition among trade show attendees.

  • Banner Stands

Everything you need consists of roughly the same weight and travel space as a poster tube. The concept behind banner stands is one of compactness, where the graphic sheets roll out from a tube and hang by a stand, then roll back in to be transported to the next event.

  • Flags display

Flags are another option suited for the outdoors, particularly among vendors who prefer to make things simple yet eye-catching. You can have a line of flag displays produced in the different shapes.

  • Hanging Displays

Displays that hang from above like chandeliers or overhead lights. Made from extruded aluminum and available in a variety of shapes, hanging displays present the colors, symbols and logos most prominently.

Watch your bottom line grow

Trade show displays don’t end with the contents of a given kit. Since, numerous things can be added from the above list to make a hybrid that makes your display even more alluring to consumers and investors. Ergo, pull in your best-selling products and generate thousands of different ad sizes that display across the fair. This will recapture lost sales in the background, while you focus on other parts of your business.

How to Add Some Personality to Your Home

How to Add Some Personality to Your Home

We all know that our home is a reflection of who we are, and is one of the biggest investments we’ll ever make. If you consider how much time and money we spend transforming our homes, we should take the time to make sure what’s reflected back is a place we want to call “home.”

Let’s start with the areas that mean the most to us and where we spend the most time whether our living room, kitchen, or in our own backyard. Here’s how to get started adding more meaning and personality to your home.

Bring the nightlife home

Instead of meeting up with friends and family at the movies, pub or nightclub, bring the nightlife home. Transform an entire area of your home that caters to nightlife and entertainment. Set up a tiki bar outside under the stars or in your basement and add everything you need to make it your favorite hang out, like beer glasses, a dart board and surround-sound speakers. You can also get innovative and set up a popcorn machine and an outdoor projector for an evening movie. For something more spirited, create an area to dance all night under a disco ball.

Show off your hobbies

Instead of tucking away your artwork or hoarding your travel photos on your smartphone, show them off in style. Create sacred space, whether on a wall or on a dedicated table in your den, to showcase your favorite hobbies. You can also add colorful frames and embellishments to give your hobbies balance with the decor of your home. For example, if your hobby is collecting sea glass or growing beautiful flowers, show it off in a stunning bud vase or dish and add colorful pebbles to tie into the aesthetics of your home.

Get creative

If you want to set your home apart from the rest, add more creativity to your favorite spaces. Paint a wall of your den matte black or cobalt blue to show off your favorite style. If you love to entertain at home, purchase a ping-pong table that doubles as a dining room table with the help of a quick cover. You can also store board games in an ottoman that doubles as storage space and hang plenty of unique artwork to show-off your creative eye.

Keep it cozy

A home full of warmth and personality needs a cozy touch to transform it into a place you love. Add impossibly plush throw pillows and blankets around your home so you can warm up whether you’re relaxing in a living room or den. And remember, you can transform your fireplace for year-round warmth. Just add pillar candles to a non-working fireplace to create a warm and inviting atmosphere. During winter months, move the pillar candles to the mantle and dim the lights to showcase a roaring fire with a magical glow.

Make it personal

At the end of the day, a home with personality requires a personal touch. Fire up your smartphone and print out those photos of family and friends, find your grandmother’s old quilts to add to your bedding rotation and show off your keepsakes on end tables and shadow box frames. The more you can bring yourself into your home, the more personality you’ll see.

Your home is an extension of yourself and should be celebrated and honored. Get to work showing off your signature style and personal touches from a new entertainment area to your personal keepsakes. The concept of “home is where your heart is” will take on a whole new meaning.

Debunking 4 Business Bankruptcy Myths

Debunking 4 Business Bankruptcy Myths

While there are plenty of articles on the web that dispel consumer (i.e. personal) bankruptcy myths, there are few if any that focus on the misunderstandings and misinformation that surrounds business bankruptcies.

To remedy this critical knowledge gap, here is the truth about 4 enduring business bankruptcy myths:

Myth #1: Filing for business bankruptcy spells the end for your business.

Fact: If you file for chapter 11 bankruptcy, you’ll be able to keep your business operational while you restructure and repay your debts. Many large companies like General Motors have successfully emerged from chapter 11 bankruptcy.

Myth #2: Filing for business bankruptcy means that you will lose all of your business assets.

Fact: Some of your business assets — such as those that are required to generate income and profit — are likely to be protected from liquidation (i.e. sold by the court-appointed trustee with the proceeds being distributed to creditors).

Myth #3: Bankruptcy court is pro-creditor and anti-debtor.

Fact: Overly-aggressive creditors (which unfortunately describes most of them) repeatedly tell debtors that the court won’t be sympathetic to their plight. On the contrary, they say, the court will be hostile and punitive. This simply isn’t true, and never has been.

The court is not for or against creditors or debtors. The court is interested in two things: correctly applying prevailing law, and ensuring that the bankruptcy process is properly structured and documented.

Myth #4: Filing for business bankruptcy will lead to an exodus of customers, employees, suppliers and vendors. 

Fact: As noted above, the purpose of chapter 11 bankruptcy is to give businesses a realistic opportunity to restructure their debts while they keep their business operational. If it was true that customers, employees, suppliers and vendors raced for the exits the moment they learned about a bankruptcy filing, then it wouldn’t matter if a business remained open: it would be doomed.

Fortunately, this isn’t true. Filing for bankruptcy does not indicate that a business has done anything deliberately wrong, and it certainly has nothing to do with criminal activity. Essentially, it is an administrative protection and process.

With this being said, businesses that file for chapter 11 bankruptcy will typically need to get the trustee’s permission to make investments, procure equipment, and so on. This is simply to ensure that the purchase is in alignment with the debt restructure plan.

The Bottom Line

Filing for business bankruptcy is a serious decision, and shouldn’t be done without consulting an experienced bankruptcy attorney. To give your business the best chance of long-term success, remember that bankruptcy-related facts are your friends — and myths are your enemies!