Find your path
Not every close is a clean dissolution.
If there's debt, angry creditors, or assets worth saving, the right route might be an ABC or bankruptcy — not a simple wind-down. Answer a few questions and we'll point you to the path that fits.
How much debt and liability is the company carrying?
Think beyond routine payables — loans, credit lines, venture debt, unpaid taxes, lease obligations, or anything you can't cover with cash on hand.
Let's get a handle on the creditors.
Rough estimates are fine — this just helps us see the shape of the problem and where the personal-liability risk sits. Tap what applies.
Can you cover any of the liabilities?
Is there cash to pay at least some of what's owed?
Vendors & suppliers
Unpaid invoices, service providers, contractors.
How many counterparties?
Approximate amount due
Customers with open contracts
Prepaid, undelivered, or ongoing obligations you owe customers.
How many customers?
Approximate amount owed / at risk
Employees
Final wages, back pay, or accrued vacation/PTO owed.
Any back pay or vacation payout due?
How many employees?
Across how many states?
Approximate amount due
Start by answering whether you can cover any liabilities.
How would creditors react to a shutdown?
Be honest about the temperature. Are people threatening to sue, or is everyone resigned and reasonable?
Is there anything an acquirer would actually want?
Intellectual property, a working product, customer contracts, inventory, or a team worth hiring as a group.
This path-finder is general educational guidance, not legal, tax, or financial advice, and does not create any engagement. The right insolvency path depends on your specific facts and your state's law — which is exactly what the call is for. Legal filings and advice are provided by independently licensed attorneys, and any assignment for the benefit of creditors is administered by an independent fiduciary assignee under its own engagement.