Chapter 13 and Sole Prop. LLC

[987654]

Hey all...well I have decided to go forward with a Chap 13 and am meeting with an attorney next week to get everything started. My question is how it will affect my business. I am a Sole Proprietor with a LLC. The only debt the business has is $700 to Staples and a few hundred to Verizon. As far as I know, I didn't personally guarantee those.

All the other debt is mine, although some of it was incurred buying product and such for the business it's all in my name and personally guaranteed, not under the business.

What happens to my LLC? Does it stay out of BK? Is it affected by the BK? Will my suppliers find out easily with a Google search if the business is brought into it? I just don't want the business reputation to be tied to stupid actions in my personal life, since there is less than $1,000 owed by the business which can be paid off outside of BK if possible.

[justbaby]

Good question!! I am in the same boat...would like any input. Mine was because I got a tax id number last May to start a business as a sole proprietor, I never did though. I forgot about it and my lawyer called me and said that the irs called them about it. I didn't mention it to the lawyer only because I completely forgot...id number never used. I feel like I misled the lawyer but I never meant to. She just said to file the appropriate forms and if it comes up, I would just have to testify that the business never started and brought in any income...which is the case.