Business Bankruptcy: When does filing a Bankruptcy make sense?

when to file a business bankruptcyFiling a Bankruptcy for a business effectively kills said business. Operation ceases to continue and you have to hand over all control to a third-party (Trustee). So why would someone want to do this? Why not just stop operating the business, and walk away?

If you are considering filing a bankruptcy for your business, feel free to give us a call at 616-920-0555, or use the contact form below to schedule a time to come in for a free consultation.