Personal Bankruptcy with incorprated company
March 24th, 2009 by Questions
I am sole shareholder in 2 one man companies neither of which have no assets and both of which were set up to primarily enable some music production in a project that never made any money.
2 credit cards were in my name and connected to one of the businesses.
One company has been stripped of it`s corporate status and the other is basically
inactive BUT still has a Canadian bank account and I am still shown as the sole owner/shareholder. Should I immediately close the account? Should I remove myself
NOW as a principal…ie President?
Posted from: Ontario