I had ran a restaurant for a number of years, but slow sales and a poor location caused me to close it down.
I called YanchDey & Associates to get advice on how to put the company into a bankruptcy.
To my surprise they advised me that my business was not the one the creditors would come after, but I was personally at risk!
The business and government debt I had personally guaranteed, I was responsible for as the director of the company. The total that I would have to pay between the government and the bank loan was about $168,000.00.