In the same way, although the company framework protects shareholders from particular person liability, shareholders must be aware that bankruptcy just isn't devoid of hazard. Once the corporation documents for bankruptcy in federal court docket, the door is open up for creditors to initiate change ego litigation (a lawsuit https://3thingstoavoidwhenfilingb33319.smblogsites.com/29860525/a-review-of-how-will-filing-bankruptcy-affect-my-small-business