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busines bankruptcy with personel debt

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usagirl54

Junior Member
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?
 


FlyingRon

Senior Member
Even if you were to file bankruptcy on the business, it wouldn't discharge the debt on the personal cards.
 

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