bankrupcty for business

I'm not sure what your question is, since you don't state one.  You also don't disclose what type of legal entity your "business" is.   If it is a corporation or partnership, you may want to read up on the pros and cons of filing a bankruptcy for a business If for yourself individually, you should consult with an experienced bankruptcy attorney in your area for more details. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.