What is the name of your state? Illinois
I started a business 2 years ago and opened a corporation.Because I did not have any money up front I put everything on my personal credit cards.From the fees to open a company to insurances and tools and everything else.Now my personal debt is high and I make only the minimum pmts every month ( on time),but I can not keep up.The business is not bringing any money I am constantly puting more into it from my personal accounts.
I was wondering if I can file a company bankruptcy(business) since every debt is on my personal credit cards?
I started a business 2 years ago and opened a corporation.Because I did not have any money up front I put everything on my personal credit cards.From the fees to open a company to insurances and tools and everything else.Now my personal debt is high and I make only the minimum pmts every month ( on time),but I can not keep up.The business is not bringing any money I am constantly puting more into it from my personal accounts.
I was wondering if I can file a company bankruptcy(business) since every debt is on my personal credit cards?