“When you have a business the last thing you need and want to do is file for bankruptcy. The main reason for this is that you do not want the burden of failure when you have to shut your doors to your customers. No one starts a business with the intentions of watching fail but with today’s even harsher business environment many businesses are only surviving because of loans.
This in turn means that the company’s profits are going out to pay the debts and that can be in a sense very demoralizing. It is also worse when you file for bankruptcy as you feel you cannot face your employees and your customers, as you will have in a sense let them done. If for some reason there is no other option left foe you then a business bankruptcy attorney might be the sensible route to go.