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owner/director hold 1005 share

if I declair personal bankrupcy then what will happend to my corporation, since i am only director of the company, do I to declair corporation bankrupcy too?
please guide me in ths matter

Posted from: Ontario

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One Response to “owner/director hold 1005 share”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

This can be a complicated matter dependiont on the type of corporation, the assets owned by the corporation, whether or not you are the director of said corporation etc. So you will have to discuss this in more detail with a local trustee.