| ▲ | gloryjulio 13 hours ago | |
Then that depends on the corporate structure. If you have personal liability, that means you net worth would be directly impacted and you are personal liable for the business debt. However, if its structured as limited, you could bankrupt the business and the debt of the business get wipe out. In this case, your loss would be limited to the initial investment. It depends how you separate your personal wealth and the business's | ||