Question Details: looking at going bankrupt with my business that is a s copr but how will it effect me personally
I am a lawyer in CT and practice in this area of the law. The bankruptcy should not affect your credit personally as the corp is a separate entity. If you have guaranteed debts of the company that you are seeking to dischage in bankruptcy, the corp will have the debts discharged, but you will still be on the hook. I suggest that you have a lawyer and accountant involved in the bankruptcy to get advice as to your assets and personal liabilities.

Are you a lawyer?
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