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Use this template to discuss the issue of bankruptcy. Your organization might be contemplating filing for bankruptcy to resolve financial issues. Summarize the history of the issue here and if needed explain different types of bankruptcy that might be used. Then discuss the advantages and disadvantages of filing for bankruptcy below. Advantages Statement of advantage e. g. " Our creditors will be forced to negotiate for payment. " Add details as needed to further explain this advantage. Statement of advantage Add details as needed to further explain this advantage.
Statement of advantage Add details as needed to further explain this advantage. Disadvantages Statement of disadvantage e. g. " Our public image will be severely damaged. " Add details as needed to further explain this disadvantage.
Statement of disadvantage Add details as needed to further explain this disadvantage. Statement of disadvantage Add details as needed to further explain this disadvantage. Additional Considerations Insert additional statement here e. g. " If we decide to proceed we must file for bankruptcy before July 20xx. " Add details as needed to further explain this consideration.
Insert additional statement here Add details as needed to further explain this consideration. Insert additional statement here Add details as needed to further explain this consideration. Summary Insert an optional summary statement that ties all of the bullet point elements together.