bankruptcy options from my C corp

[roonie76]

I am a small, one person C corp in the state of Michigan. I am looking to end my business but I will have too much debt at the end of business to be solvent. What are my options? Does bankruptcy effect my personal credit? I just want to get out of this with as little damage to my personal credit as possible. Please advise. What is the name of your state (only U.S. law)?

 

[bigun]

If you gave a personal guarantee , you're on the hook for these loans.