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Deal with your debt: file bankruptcy

By Sam Glover

Bankruptcy is sometimes called a “financial weapon of mass destruction.” I think of bankruptcy more as a financial Project Genesis, because after the bomb goes off, you get a fresh start. Whether to file bankruptcy is a business decision, not a moral one. If a business has more debt than money, it declares bankruptcy or goes out [...] Related posts:

• The bankruptcy process
• Bankruptcy: knowing when to walk away
• Bankruptcy: what would Jesus do?


Full post as published by Caveat Emptor on May 11, 2009 (boomark / email).

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