You should consider filing for bankruptcy if you owe too much debt.
When should you file for bankruptcy?
- Thread starter Knowledge Quest
- Start date
If a business is bankrupt then the next thing is to contact an attorney to file for bankruptcy.
Sure it is no need holding on to what might not work well even if you try hard.
In Nigeria, filing for bankruptcy is absolutely not recognized here. It is none of government concern about your indebtedness. You will not receive any relieve from government. It is so sad
When you owe too much debt that you know there's no chance for you to pay off, it's time to file bankruptcy.
Truthfullu the country Is just in a mess you can't do much for yourself and the government can't help as well. Very bad something
Nigeria is the worst place for a common man to seek for anything from the government. They don't care about the poor and average men.
I agree with you , Nigeria is like the worse place to live in right now. it isn't easy at all for the common man
Filing for bankruptcy is unusually in place when a business is about liquidating.
that is actually how it is in so many countries of the world. I think this is the major reason why it is always important for you to go into insurance and purchase a premium as a business person in case things like this arises.
