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Unfortunately, given the fee, a restructuring adviser is well beyond the means of most troubled corporations. When you file for financial backing and you're relaxed and confident that company are going to be better, you have a greater chance of securing a credit. You'll likely never shut your doors as you dump and then buyback your assets. When you find a small company with low-end offers and over-promises, you should be careful. Your tax preparer should aid you to properly close your business with the internal revenue service. When you don't have a thick skin or much time, then I advocate that you hire a professional debt advocate to help you. They are many reasons that you can sue including harassment by a bill collector, discriminatory lending practices, negligence, fraud, breach of contract, infliction of emotional distress and violations of federal consumer protection laws. You'll find out that you can produce any enterprise continue. When dealing with account receivables and collecting past due invoices, your clients won't pay you unless you contact them regularly.