
Failed Business Debt and Bankruptcy
When Are Business Owners Personally Liable for Business Debt? If you own a business or are considering starting one, you might be wondering, when are business owners personally liable for business debt? Any business owner should understand if and when their personal assets and finances are at risk due to business debt. Knowing what happens to business debt when a business fails is essential for any new or potential business owners. Personal liability for business debt often depend... CONTINUE READING