I own a small franchise business, have lost lots of money & need to close down,
owe landlord 4 months rent, also late on all utilities. My business name is Incorporated & all ppwrk was signed under the corporation by me as the only owner, I later became an S Corp. If I file for bankruptcy will or can they sue me directly, personally? Do not want to ruin my personal credit or jeopardize my personal assets. Can rent also be part of a bankrupcy?? Can the landlord sue me directly for the rent, or would that be the corporation?
I was under the impression that once you incorporate no one can come after you personally, only after the corporation name, was this incorrect?I do not owe any payroll or taxes