Is there any way for a person with a home based business to keep the business credit cards when claiming bankr?

admin December 18th, 2009

luvamutt49 asked:


If a person claims bankruptcy, is there any way to hang onto the credit needed for their home business. Could this be accomplished by incorporating?

Glenna
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2 Responses to “Is there any way for a person with a home based business to keep the business credit cards when claiming bankr?”

  1. # kirker@organic-cat.neton 20 Dec 2009 at 7:34 pm

    it is all about liability, a lot of times incorporation would be an answer, A coporation is a legal entity and therefore typically a seperate one as well. That is one reason you see Trump Corportation, not Donald Trump Company. Please, I am not an lawyer, see one!

    Don’t think of how to file, think of and see yourself successful! See your world in a positive manner!

  2. # dfsdon 21 Dec 2009 at 2:45 pm

    Yeah, Now internet based business is becoming bigger and bigger, so for getting the money paid we want to use paypal or credit card, I think it’s safer to use paypal.