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Either you default or you honor your credit and potentially rebalance credit. I your business was operated responsibly you shouldn’t be in a situation where you
by wirrbel 4y ago
Either you default or you honor your credit and potentially rebalance credit.
I your business was operated responsibly you shouldn’t be in a situation where you stop all payments to „sort out your business numbers“
- zomglings 4y agoWhether or not your business was operated responsibly does not affect your current best marginal decision. Assuming you want your business to survive, this may be to take the author's advice.
- wirrbel 4y agoAhem. You also cannot delay filing of insolvency because the law decides which marginal decision are allowed and which aren’t.