Poor decision-making and management is one of the reason that makes a business to go bankrupt but if you have a good management system and also the capital to revive such business, I believe that it is something that you can be able to make to start working.Can you dare assume a bankrupted business? For me, I can assume. I make renovations and change the business name to a better and lucky one. If the business is assumed it's value may be less. It's better to assume it to interested business man rather than to have no single return at all. What about you?