What’s the secret that entrepreneurs would rather run away than file for bankruptcy?

Because after filing for bankruptcy, whether you file for bankruptcy voluntarily or involuntarily, the result is the same, that is, you will have to auction all your properties to pay off your debts, and generally after filing for bankruptcy Mortgage all your properties, which means that after you leave the house, you will still owe a lot of debt, so it will become a negative asset relative to your assets. Of course, many irresponsible entrepreneurs will choose to just take the money and run away. Going abroad directly is equivalent to settling the matter once and for all.

But that doesn’t mean that everyone is like this. After all, there are still many more responsible people who will file for bankruptcy, but that doesn’t mean everyone. There are also many irresponsible people who just take the money and run away. It left a lot of mess and employees who were waiting for food, and took the whole family to go abroad to seek refuge. This is actually an illegal crime, but the hands of Chinese law cannot reach abroad, so this is actually possible A loophole must have been exploited.

This is actually not a secret, it is just that everyone knows it, or why are the engineering employees so afraid of the boss running away? The wages cannot be owed for a day, and they must be paid when they are told. , if you don’t pay for one day, they will immediately come to your house. The ones you can’t afford to offend the most are migrant workers. We are in this situation now. Our boss is also the boss of an engineering project. The profit is not enough to pay wages, so he can only default on us. Wages cannot be owed to migrant workers.

In general, running away is actually an extremely irresponsible behavior. Because you don’t want to be in debt, you might as well sell your real estate, pretend that the company has nothing to do, and then secretly prepare to immigrate with you. I can go abroad to live with my wife and children without having to file for bankruptcy or be in debt.