If my business files a bankruptcy, what happens when my case is over?
After your business has filed a bankruptcy, many business owners are concerned about how they will be received by the people that they do business with.
I always try to let my clients know that after filing for bankruptcy is the best time to start growing your business again, get back to doing what you do best and make sure that you don’t end up in the same situation.
My number one recommendation is that you implement some very specific financial controls that allow you to run your business in a way that’s profitable and that will allow you to live the lifestyle that you’ve chosen to live.
In saying that I also recommend that my business clients who have come out of bankruptcy definitely consult with an attorney that is able to advise them on the different parts of their business so that the mistakes that were made in the past don’t happen again.See all videos