And large debt over 30k+ which makes it even harder.

at this moment and probably can expect debit collector anytime from PayPal side.

No mention of whether the debt is personally liable or whether is disappears with the business, anyways.

Yeah, $30K debt is a lot, they can legally break both of his legs at least three times for that kind of money.

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You do realize people that they have gone deadpool, eh? He got bankrupt and he uses his salary from his daytime job to cover some costs on his deep dept. While it's nice and easy to beat a dead horse,

It's about getting a balance and understanding your balances, there are so many hosts that I know of here that also have to work a full time job to cover the costs because they are knee deep in debt f

They've deadpooled with a 30k debt. I have a VPS there and won't be asking for refund, getting this guy in a worse position. Definitely, no. You could have some sense here and ignore commenting such t

@GalaxyHostPlus, it happens, and you've learned a lesson. Tough, I know. 30k debt for a small company is a lot, and I completely understand that sometimes we can't just make it.

I'm not saying they should have stayed open and racked up even more debt. Probably should have shut down earlier and given greater notice to clients to allow time to migrate and possibly reduce the de

It could also be that being 30K in debt, they decided that there is no chance to turn this around and it’s better to throw in the towel now, instead of when it’s 300K. Or even worse.

What I mean is that 30k is not exactly large. No serious business would consider 30k "huge", debt or not.

30K in directors remuneration would still technically be debt.

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Hopefully he took the debt out through the equivalent of a US LLC (not sure where he's from), so he can void the debt by declaring total bankruptcy. That is what these things are designed for after al

maybe, I guess with English not being his first language it may just being communicated wrong, I just read "in Big Debt over 30K for current server usage" and assumed that meant the

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How much was VortexNode in debt to CC before they were given the boot?