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Chapter 7 and Business??

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  • SUB
    replied
    Sole Proprietor or corp.?

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  • RandyOne
    started a topic Chapter 7 and Business??

    Chapter 7 and Business??

    I am self employed and have to file bankrupcy due to house foreclosure. No other debt. Question I have is I know it is recommended to have minimal in cash in bank at time of filing but what about my business account. I will be filing personal bankrupcy, not business. Can/will they go after the money in my business account.? Should I minimize amount shown in business account as well? The business account has always operated in the black. Not by much as of late, but still in the black. I am filing in Indiana.
    Thanks

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