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owner

can i go bankruptcy on my company, its not incorperated, and will it effect my personal finances

Posted from: Ontario

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One Response to “owner”

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

If you are operating your business as a proprietorship then there is no way to place the company in bankruptcy without you claiming bankruptcy. As a proprietorship is simply operating under your own name and is not a separate legal entity it is not able to file a bankruptcy separately.