I own a business and its under an LLC and im filing BK on my personal accounts because of past issues etc but how can i protect my business etc??
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protecting business when filing BK?
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I have two businesses and didn't have any issues. They are just DBA's though and no business assets. If your business has inventory that is easy to sell to pay creditors it might be an issue. So it really depends on what type of business you are in and what type of BK you want to file. I am sure a chapter 13 will let you continue to operate your business... if you need/have to go that route.State: MI
Filed: 09/09/05
341 Meeting: 10/19/05 - DONE - My Experience
Last Day For Objections: 12/19/05
Case Closed: 01/13/06 (Friday The 13th!)
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