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Worldwide Ty argues that bankruptcy is often misunderstood as pure failure when it can be a strategic tool to reset operations and eliminate debt. Most people lack the knowledge to judge whether it actually helps or hurts a business owner.

Worldwide Ty argues that bankruptcy is often misunderstood as pure failure when it can be a strategic tool to reset operations and eliminate debt. Most people lack the knowledge to judge whether it actually helps or hurts a business owner.
The bankruptcy thing is kind of like a real business, you know, structure. Um, I know that there's multiple, multiple people over multiple, multiple decades that have used that as a tool to like reset their business, eliminate debt. You know, I think people don't have enough knowledge about bankruptcy to decipher if it's a positive thing for a business person to do or a negative thing for a business person to do.