Houston lawyer Miriam Goott, who represents small businesses in their bankruptcies, likes to say to potential clients, “I hope I never see you again. This is because she made a deal with their creditors or helped them solve a problem that completely avoided bankruptcy.
“Half the time I play the role of a therapist,” she said. “What they perceive to be this huge problem usually isn’t. Usually one or maybe two creditors are really the problem.