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Q: How does a personal bankruptcy of one of the officers affect a corporation?
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Related questions

Where can you find information about corporate bankruptcy laws?

Does corporate bankruptcy affect personal credit?


Does business bankruptcy affect personal credit?

If your business is tied to your personal credit, then yes, you run the risk of being personally affected by the business's bankruptcy.


I am nearing retirement and have many credit card bills to pay which i cannot afford. is bankruptcy an answer and will it affect my partner if it is personal bankruptcy?

You should definitely discuss bankruptcy with an experienced attorney. It will affect your partner only if you have joint debts that wll have to be listed in the bankruptcy. S/he will have to pay the debt.


Can you file a bankruptcy an still apply for us citizenschip?

I think yes..there is no relationship between filing bankruptcy and apply for citizenship.filing bankruptcy is a personal issue its not a any crime or what.its true that it will be remain in your name for some years but it does not affect on your citizenship.


Can bankruptcy affect your IRA?

NO


Does bankruptcy affect eic eligibility?

no


How would bankruptcy affect a license to sell insurance?

Bankruptcy would not affect your license to sell insurance in any way. It does not affect your ability to continue to make money.


Does bad personal credit affect dun and bradstreet rating?

Personal credit is separate from business credit. However, some legal structures capture personal bankruptcy history in the D&B report which may have an impact on D&B scores and ratings.


Does file bankruptcy affect tax return?

No


Will bashas bankruptcy affect your pension?

no gehegle


Can you get a marriage visa from Australia if you have filed for bankruptcy?

In what ways affect a bankruptcy your Australian marriage visa?


How does my poor credit and or bankruptcy affect my children getting student loans?

It does not affect them.