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Roger
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Category: Bankruptcy Law
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IF YOU BANKRUPT A SMALL BUSINESS CORPORATION IN CALIFORNIA

Resolved Question:

IF YOU BANKRUPT A SMALL BUSINESS CORPORATION IN CALIFORNIA CAN CREDITORS GO AFTER PERSONAL ASSETS.
Submitted: 8 years ago.
Category: Bankruptcy Law
Expert:  Roger replied 8 years ago.
Personal assets are not at risk so long as the owner(s) of the business have not signed personal guarantees with the creditors. If the owner(s) have done this, then personal assets are exposed to the creditors.
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