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Why filing for bankruptcy is not a good idea for startup?

By at February 2, 2011 | 1:57 pm | 0 Comment

Why filing for bankruptcy is not a good idea for startup?

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort. The “advantage” of filing for bankruptcy, of course, is that it more...

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