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I am not sure what you mean by corporate "members" - but C-7 is certainly available to corporations. If the corporation is part of a consolidated group - owned by another corporation - you would want legal to explain the repercussions to the parent.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoYou mean a stockholder in a Corporation...of course. His stock in the corporation is part of his BK as is anyother asset.
Wiki User
∙ 14y agoThere should be no reason why not; the fact that you work for a company at any position does not change the fact you have no money or ability to pay off debts.
Wiki User
∙ 12y agoIt is the Corporation that files.
If the department, division or whatever you refer to is also incorporated, (actually a subsidiary then), in most circumstances it could.
Wiki User
∙ 14y agoEach is seperate...but each may be filed.
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Will your wife have to pay if you file bankruptcy?
If her name is on a loan that you file bankruptcy on than she would then be responsible for that loan. Filing a bankruptcy only gets your name off the loan(s), you would both need to file together.
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