by Walter Metzen | May 5, 2022 | business bankruptcy
Business debt is dischargeable in a personal bankruptcy in Michigan under certain circumstances. However, it is important, firstly, to keep in mind that there is a difference between the debt owed by your business and the debt owed by you, personally. It may be that...
by Walter Metzen | Feb 8, 2022 | business bankruptcy
In Michigan and elsewhere, a corporation, LLC, S-Corp, or other entity is a separate legal person. These entities are able to incur their own debt and own property. One main reason that people form these business entities is to shield their owners from the...