Can a business come out of bankruptcy?

[tyrim88]

bankcruptcy is a very seriuos situation that any business would neccessarily want to avoid by all means,but if that occures in a business,then the business can still come back to life if they actually do their records and make their financial balance clean.

 

[Blue house]

At the point when we receive bankrupt in a business something can in any case come in return when we look for advances from banks and people. Gaining an advance after liquidation can assist with resuscitating the business and you will attempt however much as could be expected to keep away from that factor that let you be bankrupt in any case. At the point when these elements remembered you can get more prominent returns and pay your credits and still have some current advantage.

 

[Kane]

bankruptcy means business has a huge debt and that needs to be cleared by auctioning the properties owned by the business. business cannot come out of bankruptcy on its own.

 

[Filicit]

Some big companies and even banks when they declare bankruptcy means they have been liquidated or run out of cash so the only options are closing or merging with a company with good cash flow.

 

[Setfragil]

A business can come out of bankruptcy if the manager of the business takes necessary steps towards getting out of the problem by seeking business and financial counsel from professionals.

 

[Psalmseen]

Definitely yes. A business can come out of bankruptcy. No matter how much or huge the debt might be. You can partner with some set of people to join you in the business, so they can raise funds

 

[Immilash1]

The the price is more time a house as a old online and sell a old house or not to me from a old one do that hinder you suggest the price is more than problemand😂

 

[Kaffyfolla]

When a company comes out of bankrupt, it is hardly come back, all the properties of the companydefini will be sold, how can it be easy for that kind of a company to come back

 

[Dowenship]

Once a business hits bankruptcy, is that the end of it? Or could that company make a comeback? I thought there is always a chance that bankruptcy can bring a company back, but I'm not 100% sure.

What caused the business to go into bankrupt in the first place unless, their was an unexpected occurence that happen to a business going fine I don't think that business can come back...

 

[Kunkun]

Definitely yeah, it's possible for a business to come out from bankruptcy bit it's easier said that done and takes effort too and proper and effective planning and management

 

[Queentener]

Once a business hits bankruptcy, is that the end of it? Or could that company make a comeback? I thought there is always a chance that bankruptcy can bring a company back, but I'm not 100% sure.

It depends on how the owner handles it, if the owner is able to mend the linkages and amend the excesses of the their spendings. Then the business can come back out of backcruptcy otherwise that is the end of such business.

 

[Alisco]

As far as the business owner don't loose his vision of the business,the business can still come back and even do more than before if he partner with another company or raised his capital from another source he will make it.

 

[Sotherefore]

When a business is at the stage of being bankrupt it will only need the hand of a lot of investors and supporters to help raise the business to its normal standard. without supporters it might not be possible.

 

[Bousine123]

Sure it can. The owners just need to use determined and productive steps towards getting out of bankruptcy. If they can do so it will be good.

 

[Kaffyfolla]

Definitely yeah, it's possible for a business to come out from bankruptcy bit it's easier said that done and takes effort too and proper and effective planning and management

It hardly for a business to come out of bankruptcy, the investors needs to work very hard to bring the business out of bankruptcy.

 

[Good-Person]

There are many business that were going bankrupt but they fought hard and somehow they prevented bankruptcy. However, unfortunately, most of the business do not recover well and end up closing after filing for bankruptcy. Bankruptcy is usually caused by poor management and a lack of proper business plan.

 

[Lens]

A bankrupt business doesn't mean the end of such business. If I am opportune to revive such business given the required tools and resources needed to operate, I would look at the success story of the competitors and also capitalize on the loopholes of such companies to pooi successful moves.

 

[Psalmseen]

It's better for a business owner to try as much as possible not to go bankrupt. Because, it is very difficult to fo out of bankrupt. You'll have to obtain loans from friends or people around to settle things

 

[Kingmarvex]

A business can come out of bankruptcy in two cases, one the government bails out the business, tow new investors take over the business by investing fresh funds.

Definitely a business can come out of bankruptcy it all depends on how this situations are managed and what opportunities comes during this serious crisis. Most times shareholders goes as far as selling to someone with huge finance to survival the bankruptcy

 

[Alexandoy]

It's better for a business owner to try as much as possible not to go bankrupt. Because, it is very difficult to fo out of bankrupt. You'll have to obtain loans from friends or people around to settle things

When the business is failing it is best to evaluate the chances of recovery. Some business owners would take a loan to resuscitate the business but in the end it just aggravated the losses. If you think that it is difficult to recover then just close the business. You can always start again if you want.