how bankruptcy affects credit

(Canada) If you have an incorporated company that goes bankrupt, does it affect your personal credit?

Are there any other negative effects to the person who owns the corporation?
How will the corporation’s bankruptcy affect the person’s credit in the future, getting a mortgage, bank loan, etc?

A corporation is a separate legal entity. It can sue and be sued. As long as you do not guarantee a loan for the corporation, it would not affect your personal credit rating.

How Bankruptcy Affects Future Credit – Mesa BK Lawyer – 480-827-0777