What will happen if…..

March 29th, 2010 by Questions

What is going to happen to my company if i claim bankruptcy? My spouse and i own it together. Can you tell me if i will have to take my name off to file personal bankruptcy

Posted from: Alberta


One Response to “What will happen if…..”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

This is something you really need to consult directly with a licensed trustee before you do anything. The answers to your questions surrounding the business and the potential impact of a bankruptcy on that business are really dependent on the specific nature of the business.

Further, removing your name from the company may actually be more detrimental to your situation, so don’t do anything until you have verified with a professional and determined what the best direction to proceed is.

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