LibraryScenariosWhen inherited businesses come with overwhelming debt
Scenario

When inherited businesses come with overwhelming debt

I inherited debt along with my father's small business and I'm trying to figure out if I should just let it go bankrupt or destroy my credit trying to save it.

Juana
Online
The coach is replying

More people experience this than they realize.

What we've seen

Legacy obligations conflict with your own economic survival in ways that may punish family loyalty.

Ideas that help explain it
Worth thinking about

“Where Are You with Libertarian justice — property and freedom?”

If this sounds familiar, the Library can help you find the bigger picture.