Ch7 and Corp Business debt

[atterame]

What is the name of your state? Florida

Hello,
I will most likely be filing a chapter 7 by myself b/c all of our debt is in my name. My husband and I also own an S-Corp that has not had cash flow for about a year. We have 3 business credit cards which are all personally secured by me. There is not any secured debt. Because the business credit cards are personally guaranteed by me can they be included in my chapter 7?

thanks!

 

[moburkes]

What is the name of your state? Florida

Hello,
I will most likely be filing a chapter 7 by myself b/c all of our debt is in my name. My husband and I also own an S-Corp that has not had cash flow for about a year. We have 3 business credit cards which are all personally secured by me. There is not any secured debt. Because the business credit cards are personally guaranteed by me can they be included in my chapter 7?

thanks!

I'm not sure, but it is likely that all of the repayment of the debt that you bankrupt will fall to your spouse.

 

[HomeGuru]

What is the name of your state? Florida

Hello,
I will most likely be filing a chapter 7 by myself b/c all of our debt is in my name. My husband and I also own an S-Corp that has not had cash flow for about a year. We have 3 business credit cards which are all personally secured by me. There is not any secured debt. Because the business credit cards are personally guaranteed by me can they be included in my chapter 7?

thanks!

**A: yes they can.