What happens to me if my corporation files bankruptcy? || John H Redfield Bankruptcy Attorney

If you are forced into corporate bankruptcy it will have no direct effect on you personally. A corporate
filing does not affect the shareholders, including you. However, if the shareholders or officers, including
you, have accepted personal responsibility for the debts of the corporation, you will be affected. Despite
the automatic stay implemented by the bankruptcy filing, creditors can seek to collect debts from
anyone else who is liable. The automatic stay only protects the corporation.

Learn What happens to me if my corporation files bankruptcy? // John H Redfield Bankruptcy Attorney

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