Go get drunk...

Going bankrupt is a business strategy. Tackle it head on.

If you make it on the Hun you'll make twice that twice as fast! Just ask all the TGP millionnaires on GFY

If I knew I would be doing it right now.

Yeah filing for bankruptcy is key. You could always try to open 20 to 30 credit cards and get cash advances on every one of them, but I wouldn't advise that unless you knew you'd be able to pay them off right away.

wooooww!!!!

Depends what your business is. Depends on whether you still have personal assets. A bank will give you a loan if it's fully secured - they may also require a guarantor.

Also, not sure what sites you have or if they are worth anything but I know Rick Latona has a company that loans money when good sites are given as collateral.

Anyhow, good luck to you.

Bottom line? You're fucked. Game over. Declare bankruptcy now.

damn...... :2 cents:

rob a local bank.

Porn is not a magic :D

If you had a little more than 2 weeks... different story... In your case... you're prolly toast.

Not necessarily. If the owner knows that the business can come out of it say in a few months and start remaking payments - a good lawyer can most likely get proceedings delayed.

It's in a bank's best interest to continue to collect interest acrueing loans. If they have to reposess the business, it will cost them trustees, lawyers, continue to pay staff & operational costs until they find a buyer. They also have to make deals with the other creditors and all of this adds up. If the owner has a comeback plan & can make deals with creditors & a payback plan with the bank, they would much rather make a long-term deal than take it back. If the actual value of the business is 3-4x the value of the loan - they may take it back incur the costs and resell it undervalue.

Fun lovin' criminals sung a song about it only to discover the 180,000 they spent on the scooby snax didn't get them wasted afterall and having failed miserably as bank robbers, found shaggy had a new meaning.
Not sure what you will do though, cause one things for certain, whoever sells those scooby snax would be my odds on favourite - but remember, don't buy the scooby snax - then your twice as screwed.