0:04
the reputation of you or your business
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is almost never a problem it’s always a
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concern of new clients but there’s many
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ways that we address that first of all
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when talking to others whether it’s
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customers vendors
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suppliers uh anyone involved in your
0:25
business we usually say things like
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we’re in temporary chapter 11 protection
0:32
while we resolve a few isolated issues
0:36
then we will emerge leaner and meaner or
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we’re going through a reorganization
0:42
we’re going through a
0:44
restructuring a lot of the big companies
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that have gone through it whether they
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be American Airlines or Herz Rent A Car
0:53
people were still using American
0:55
Airlines and Herz Renta car even though
0:58
they were in chapter 11 in these last 5
1:00
years it didn’t hurt their reputation
1:03
and didn’t hurt their sales and a lot of
1:06
times there’s actually a sense of
1:07
respect from others whether they be
1:09
clients or business partners or
1:11
investors because they see that the
1:14
client is Savvy enough to utilize the
1:17
law to their benefit