personal and business bankruptcy

by Questions on October 27, 2008

Question: If i have debt that is both personal and from my own business do i file bankruptcy separately? or can it all be filed together?
Answer: If you have a corporation, the corporation’s debts can only be discharged if the corporation files bankruptcy. You would be able to personally file bankruptcy on any debts in your name, or corporate debts that you have personally guaranteed. A Vancouver bankruptcy trustee can provide you with more information.

Previous post:

Next post: