If I were you sister...

A. what exactly would you recommend to do an "immeidate"  round of competitor analysis as well as analysis our sit?

B. Or Whom to assist us.

So we can make an informed decision on how best to spend our time and what valuable funds we have left. ( If you feel more comfortable with your answer off line, I am open to that too.)

Thank you!

Removing 404 urls from Google indexes is a never ending job and often requires multiple submissions until they go away.

But when should you submitt them for removal?

If Moz finds them but Google is not reporting them yet in wemaster tools or Analytics...

should you be proactive and submit them to google for removal?
OR
Wait until the show up as an error by Google?

Regarding ..."Of course, with a Penguin penalty you might go bankrupt before they get around to rewarding you for good behavior)"

_When is the right time to just start over with a new domain name?  _

Google does not care how many internet businesses it has destroyed.

(After 2 years of hard work and not recovering from Panda, we are seroiusly thinking of just cutting over to a new domain name and giving up on a domain we have owned since 2000 just so we can stop spending money on trying to be Google approved again and stop the financial bleeding to loss of orders.)

We have had this very same thing occur, XXX spammy links, among many others attacks.

We found this was a competitor wanting our market share.  They hired kiddy scripters to do the dirty deed of the spammy links which apparently is easy to find people who are always trying to hack XXX sites.  The end results is to ruin your Google backlinking ratings, i.e. in general hurt your overall Goolgle authority and rankings.

The secondary result it ties up your time and takes you away from running your business which also is to their advantage.

The sad part is that there is no way to protect your self from these low life tactics.

Unfortunately, we expeirenced simultaniously robo call attacks taking down our phone systems and over filing our voice mail and at the same time, had every email account know to the general public submitted to spammers to fil up our servers and mail boxes.  Definetly a planned set of events.

They topped it off with constant DDOS attacks, and attempted SQL injections and any other thing they could think of. Of course this makes the customers unsure if were still in business because the site was up and down and of course they wondered if it was even safe to shop.  This has gone on for 3 years, until we finally found a safe hosting arrangement, 12 moves later and have extra phone and email security measures in place.   We are still fighting to get back in Google's good graces.

Again all taking time away from running your buisness.

So a few spammy links to keep up with disavowing, no problem. Count your blessings. (-: