Question by Mike B: As a small business owner, would it be a mistake for me to personally file for bankruptcy?
I was just curious, because I do have debt and sometimes I feel like it’s a debt that can be eliminated and then there are times when I feel like filing. But I was just wondering is that committing financial suicide as a small business owner?
Best answer:
Answer by supermama10103
yes it wouldthey can take your business from you to pay your debt. they look at like if you can’t control your personal life then you can’t control you business. Not only that but it would be bad for business.
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