It is when an indivdual (or married couple) file for bankruptcy rather than a business or corporation.
Seek advice from a professional. Your local bankruptcy attorney is there to help you.
Does corporate bankruptcy affect personal credit?
If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.
no
If your business is tied to your personal credit, then yes, you run the risk of being personally affected by the business's bankruptcy.
Yes. Consult a knowledgeable bankruptcy attorney.
no
Yes
Personal Bankruptcy
Personal Bankruptcy
Not at all.
Of course.