owner/director hold 1005 share

March 14th, 2011 by Questions

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

Questions

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.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)