The 'Ethics' of a Debt Workout.
Is this really legal? It seems too good to be true. Through no fault of your own, your business is in danger of being forced into bankruptcy due to an across the country economic decline totally beyond your control.
Now, if your business would be profitable with its choking debt load removed, and your employees would still be employed, and the vendors still have a customer, and your home and other assets you've worked for protected, then what is the 'ethical' basis of NOT pursuing a business debt workout before the matter is taken out of your hands?
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