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A comment on Startup Restructuring 101. Parent comment

Re:Startup Restructuring 101 by wirrbel on Sunday November 27, 2022 @06:50AM (#33762313)
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“
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Re:Startup Restructuring 101 by zomglings on Sunday November 27, 2022 @07:00AM (#33762372)
Whether 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.
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Re:Startup Restructuring 101 by wirrbel on Sunday November 27, 2022 @07:18AM (#33762465)
Ahem. You also cannot delay filing of insolvency because the law decides which marginal decision are allowed and which aren’t.
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