Filed for bankruptcy today

Hi all

Filed for bankruptcy chapter 11 sub chapter V for my business.

Man I feel so weird and mixed emotions. As I walked into the bank for the DIP account and had to tell him my business went bankrupt.

I legit years ago thought my business was amazing. Then I grew so fast and spent a lot on marketing and software development.

Little did I know I had a supplier who was planning to go direct to my main customer. He went direct and I lost 95% of my sales overnight.

Even with that, I took a MCA loan, put my savings retirement stocks just to pay suppliers and the loan off. I enrolled in credit card reliever program. Had to sell my home. I worked so hard with my wife to renovate that home for my wife and my little kid only to see us have to sell it…

Soon after that same supplier who cut me off went direct to my customer. I tired everything. Negotiating even before the lawsuit. Offering payment plans. Tried to get investors loans negotiate a down payment overtime.

They just said no.

They have no contact or personal guarantee:

I had other suppliers to and didn’t want to just kick them to the curb.

Today I made that decision. I feel so damn bad and others tell me it’s the beys decision you made.

How man? I couldn’t pay things I should have payed. I just feel so awful. I always thought I was a good student and smart kid:

This has given me PTSD and anxiety. I don’t know how to get that fire back.

I’m in chap 11 now but would love somebody’s take on this. How do I emotionally rationalize in my brain that this isn’t a reputation harm for life or a way to escape my responsibilities:

If I had the money I’d pay it. I just don’t.