Personal BK Ch 7, and My Business

[dive2xs]

I am preparing to file a personal bankruptcy (pro se). I also own a small business (a chapter c corporation, where I hold 100% of the shares and the only officer).

My business was started as a PA corporation in May 2004. Since April 2005 I have paid myself about $3k. My 2004 personal tax return shows $330.00 of income.

When filing a personal BK ch7, and being a 100% shareholder of a corporation how does this affect my BK?

Would it be simplier to just shut it down, Do I have to list or involve the corporation? etc..

Any help would be appreciated, we are looking to file on monday.

[HHM]

Is the business your only source of income, or do you also have a job?

As for how to list it, yes, the shares in the business are an asset to you personally, so they get listed. But generally, small businesses have little value to the BK estate because there is no market for the shares, so nothing really happens. But, if its a successful business and its your only source of income, you will probably have to turn over business accounting records.

[dive2xs]

The Business is the only source of income, and it has no real market value. It is consulting business, and without me there is no vlaue.

I guess how do you define succussful? I made $300 last year. I am making about $1000 a month now.