

I have my business under S Corporation . Due to financial problems because of recession I accumulated lot of business debt in the shape of credit cards & line of credit and other bills. My question if I declare business bankruptcy will it discharged all my debts and have no further obligation on me personally and also let me know will it my business credit in new business under different nameWhat is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?What is the name of your state (only U.S. law)?