What if I am the CEO of a business facing a problem similar to the one in the previous question?What options do I have? What are some advantages or disadvantages of the various options?

Previous question is: I find myself in a situation where I owe more money to creditors than I have, and I cannot make my monthly payments.I have borrowed all that I can, an I've picked up a third job.Now my creditors are pulling me into Court, and I feel like there is nothing I can do.What are some other options I have?What are some advantages or disadvantages of the various options?