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I appreciate the info and you taking the time to respond. Thank you!

If I drop the unprofitable business - then personal and corporate bankruptcy is certain. If I can stretch the runway to profitability, it is probable that I will turn a profit and be able to pay the loans. So I do understand the advice to "sell" or "close" but that actiuon would DEFINITELY...

Goal: I am looking for advice on what attorney specialty and/or service I should engage to help with this issue below Facts: 1. I am a franchisee of a cleaning service in Illinois. I purchased in late 2022 and the business is not yet turning a profit. I used the ROBS funding so it is a C Corp...