We have a small business ran by my husband and myself that is now our only means of income after he lost his job in 2008. We did grow the business (LLC) but it has no physical assets. We spoke to an attorney regarding personal bankruptcy, and were advised to dissolve the business and open up a new bank account under a DBA. Although I know this must be done to I have other questions becuase I believe the LLC is the only thing protecting our income from being garnished at this time.

What time frame do I have to do this prior to filing the personal BK CH7?

After I have dissolved the LLC, can I apply for it again after the Bankruptcy is discharged?

Will having the DBA bank account open me up to personal garnishments?

Any help will be appreciated-Thank you!