In filing Bankruptcy on a S Corp personal, how are the assets affected? Can you sell the business after that? Can someone buy a business t...

Question

In filing Bankruptcy on a S Corp & personal, how are the assets affected? Can you sell the business after that? Can someone buy a business that has filed Bankruptcy? Thank you for any light you might put on this situation.

Answer

We might need more information from you. Did you or your business file? That would make a whole world of difference.