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Bankruptcy FAQs

I'm a business owner; how can I avoid personal bankruptcy?

You may want to incorporate your business if you haven't already. A corporation will provide more protection than a sole proprietorship. Business creditors would have to come after your business assets because your corporation would be an entity separate from yourself and your shareholders. You can incorporate your business online at LegalZoom. Disclaimer: The responses and information are intended to be general and should not be relied upon for any specific situation. For legal advice, consult an attorney.