Can I default on loans given to my corporation without severely damaging my personal credit?
I am a small business owner in california with loans that were granted to my corporation.
Tags: Corporation, Credit, damaging, default, given, Loans, Personal, severely, Without
Best thing to do is to consult a professional who knows California law.
If you are not the personal gaurantor it won’t hurt you.
are you incorporated?? If not then you are personally responsible for your companys debts.