Thinking of choosing to liquidate your business to pay off your creditors, to deal with bankruptcy, to start another company, or because you cannot continue to run the business by yourself, may be an idea that seems like the easiest way out, however, most of us aren't aware of the intricacies and the impact of liquidating a business, and realize it only after we start the process or have gone through it. When a business is liquidated, all the assets are redistributed and most of the business owners are not aware of the method in which the redistribution works.
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