Administration or other formal insolvency measures crystallise a writeoff, force them to confront their past misjudgment and move on.

Seventeen years later, they're forced to confront the past they thought they'd left behind.

I want to minimise the risk of a downswing so feel it's time to confront my past and deal with it properly.

The actor believed that it was not easy for the former couple to confront their past.

The close proximity forces the two to confront their past.