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A/P and A/R

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    A/P and A/R

    Getting ready to file personal Ch7. Have LLC and not planning on closing. Know that TT will go for assets in LLC but not much there and what I need can be covered in exemptions. When I list all of my personal debts for the personal Ch7, do I only list the business debts if I've personally guaranteed them? Or do I list ALL the debts, whether it's personal or business? There is someone my business owes money to and I do not want them to know of the personal Ch 7 although the debt is 100% owed by the company.
    Filed Chapter 7 on Friday the 13th!, 341 9/10/10 . TT's report of no distribution 9/13/10 DAMN STRAIGHT! Case Closed! 11/19/10 "Our long national nightmare is over".

    #2
    When you file, you will need to list all creditors so that individual you owe money to due to the business will need to be included.

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