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Corp and Chapter 13

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    Corp and Chapter 13

    I formed an S corp 11/07 - I took no debt under the business. I have one business cc but I have never charged anything on it. I took a cash advance from a personal cc in December of 5,500 to fund my startup costs, materials, etc., but I have made zero profit.

    I wanted to know how that would work on ch 13 and if you had any idea if my situation would cause any red flags? It sure sounds like it doesn't but I am in the dark here
    more$moreProbs

    #2
    Why are you filing chapter 13?

    The corp. will not cause a problem with the chapter 13. What kind of business are we talking about...I am guessing that with such low start-up costs, it really isn't anything significant.

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