I wish them the best of luck, however their biggest problem is now going to be one of confidence. Once a business has stopped trading in this fashion it has effectively exposed its underlying weakness to the world. The customers it has let down, the potential customers many of whom would be reluctant to risk being in the same position. The suppliers who may want cash up-front, or hefty security bonds. The credit card companies (without whom the business could not realistically operate) who may demand very high levels of security before they expose themselves to credit risk.
These are very credit risk averse times for banks and institutional lenders, and if they perceive a potential client has already burned someone fingers, even if it wasn't theirs, many of them will not want to know. Confidence is a major issue and you only have to look whats going on generally in the marketplace to realise that times are not good for those companies that cannot provide that confidence in spades.