Hi all - long time listener, first time caller...

Nutshell:
Texas resident, Texas business.
Own an S-corp.
Personal finances fine, business closing due to economy.
Plan on dissolving business entity and filing for personal BK to protect personal assets....

what will happen to a federal employee if she files for Bankruptcy.

Will she be terminated?

please advise

Sorry in advance for the length.

Just looking for a little sanity check here. I'm getting ready to file for Chapter 7 in Washington state, pro se. Since I don't need the homestead exemption given the current value of my home versus the loan, I am electing to use the federal exemption...