Q: Our tribal corporation gets millions in federal dollars. They're going to bankrupt our private store that barely floats.

I live in a small native village in Alaska. Our native corporation gets millions of federal dollars that's supposed to help the locals. They built a big apartment complex to provide more housing for locals (which I loved at first), but they mostly rent to entities that bring in outsiders for the tourist season, so not actually for the locals. Despite the federal money being for helping locals. They're also in direct competition with landlords who pay out of pocket for their property. Now -- they're building a grocery store with federal dollars. We have 700 residents and two stores already. My families store doesn't really make profit and often we eat expenses to provide for our town (like when we have to charter planes to fly in food). Private business can't compete with business' that can afford to go in the red because federal money floats them. We're going to go bankrupt.

1 Lawyer Answer
Timothy Denison
Timothy Denison
  • Bankruptcy Lawyer
  • Louisville, KY

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