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This video features David Shuster, a Bankruptcy attorney based in Texas.
Host:
What is the best way to close a business?
David Shuster:
It's gonna depend on each situation, but it's usually to communicate with the creditor, with the landlord, and if you get the doors locked by the landlord, for example, it can be difficult to go back in and do what you need to do, so talk to an attorney and don't stick your head in the sand, so we can advise you on how... If you don't wanna communicate with the creditors and landlord directly, an attorney can do it for you, and sometimes the best thing is to just close the doors, okay, but again, overriding theme here, call an attorney sooner rather than later the minute you see some real problems happening.
Disclaimer: This video is for informational purposes only. In some states, this video may be deemed Attorney Advertising. The choice of lawyer is an important decision that should not be based solely on advertisements.