1:48:29

Let's Talk About Bankruptcy

2026年8月12日 09:01 配信
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Dizzy Dokuro Ch. 【Phase Connect】
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54:12
But?
140
54:16
Most of the time as somebody that bought something on a smale scale. its just not worth the effort, accept you got the short end of the stick and move on
19
54:16
Basically, yes
49
54:22
@clumsymoe Because if you pay it back then you can always bounce back. And also: you might literally have to if you don't have the money to continue operating.
36
54:28
They will find it.
48
54:29
write off as a loss?
12
54:30
Makes me think of Mick Gordon, composer for Doom games
48
54:31
0 credibility after bankruptcy
65
54:34
Legally, you are owed. Practically, not likely.
4
54:47
indies always make >contracts< if you are dependent on others business or ppl
45
54:50
If you are a customer and file a chargeback because there is no exchange of service or goods, can the bank stack more to the business debt and give the customer their money back?
3
54:50
after paying banks and employees, you get what's left. if there's nothing then that's a shame for you
4
54:51
The old way where you got sent to debtors prison might have been better :_dizClown:
27
54:52
The real answer is basically creditors are organized into a list of priorities, and the ability to pay that off is top down. If you're last in line, you're screwed
54:55
There goes the house...
48
55:18
you said it dude
31
55:22
why do we do this?
12
55:26
Hard for startups to not use personal guarantees
2
55:27
most commercial banks loans have directors personally liable yeah
2
55:33
wao
9
55:37
So its better to just go to your bank to get some kind of refund :_dizDown:
140
55:39
it's not the best thing to go through
94
55:40
no kidding
45
55:41
I call dibs on his air fryer
30
55:42
you've been explaining quite well so far
51
55:43
promise is not obligation sadly
45
55:47
Humu... The magic behind Reconstituitoners
48
55:49
It also depends on what kind of organization they were. If they were a proprietorship or partnership, they are personally liable. If they were an LLC, S corp, or C corp, then there is protection.
15
55:53
:face-red-heart-shape::face-red-heart-shape:
42
55:54
will she cover other types of bankruptcy like moral, social, romantic
6
55:55
Banks will look at you funny
94
55:55
Bankruptcy isnt a cure all
48
55:57
This has been very informative.
49
55:58
7 years of fucked credit
4
55:58
Indeed
103
56:00
7 years in the US and can still be viewed afterwards
6
56:02
bankruptcy is not free
19
56:09
she said the thing! we live in a society
61
56:15
Ahhh
48
56:15
Gotta start back from the ground up
103

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