Small Business owner filing Personal bankruptcy
Will My Small Business Be Affected by my Personal Bankruptcy?
Does your personal bankruptcy affect your corporation? Probably, we should talk about how most of us who operate small businesses get credit for our corporations. And that’s by personally guaranteeing the debt. Any small business owner or operator and, their corporation is gonna be affected, by their personal bankruptcy. This is because it’s a virtual certainty that they’re personally guaranteeing the debt of the corporation when they get credit in the corporation’s name.