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filing for chapter 7 bankruptcy and affects to my business
Fountain Valley, CA
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Posted 11 months ago in Bankruptcy / Chapter 7
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Bankruptcy:
after being discharged for chapter 7, can I continue to do business under my scorporation that existed before? I filed personal bankruptcy. Also, now that I am discharged, I still receive statements from my banks on amount still owed. Do I close the accounts as is? Thank you
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Answers (2)
Kenneth W Miller Jr
This attorney is licensed in New Jersey and 1 other state.
Posted 11 months ago.
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You can still do business under the name of your S Corporation. As to old debts, you should send each bank a copy of your discharge, and tell them to close out your accounts. If they persist, you can reopen your bankruptcy and bring them in for sanctions for having violated your discharge.
Brian T Pedigo
This attorney is licensed in California.
Posted 10 months ago.
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If your statements are coming in as to the S-Corporation, then this is different than if you are personally being invoiced on debts that were discharged in your Chapter 7.
If you continue to be harassed after telling the company about your personal BK, find a consumer law attorney or a bankruptcy lawyer to help you.
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