This is an unfortunate situation
If the company that you owe the debt files bankruptcy the debt would be gone,
usually corporations do not file the bankruptcy, they just let it go, and start a new business,
If you had them personally guarantee the debt, the company bankruptcy would not hurt you if that is what they do.
If they did not personally sign off,
your only option is to sue the company in small claims court and try to achieve a better settlement,
I would file the small claims court case regardless, as they may be trying to force you to settle for a lower amount.
So there would be no option to go after the new company for the debt? It seems unfair they can declare bankruptcy in one business (I doubt it was a corporation - it is a mom-and-pop type mailbox/fed-ex shop) and open the exact same business right down the street?
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