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No. of Recommendations: 1
I've heard of this "don't force us into bankruptcy or you'll never get your money" type letter before.
Why would they send such a thing out?
To keep from being forced into bankruptcy?
Why would they want to say out of bankruptcy court?
Could it be the bankruptcy court would force them to do things like pay debts?
It looks like you're not going to get your money anyway, so why not tell them "pay me now or I'll force you into bankruptcy court."
Once they are in bankruptcy no body can touch anything belonging to the business. My guess is they want to fade away with as much as possible so I'd make them pay me to do it.
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