---
title: Can I include corporate debt in a personal bankruptcy?
description: If you choose to cease operating your business, then any amounts you are personally liable for can be included in your Bankruptcy.
---

[Skip to content](https://knowledge.bnadebtsolutions.ca/knowledge/can-i-include-corporate-debt-in-a-personal-bankruptcy#main-content)

English

Show submenu for translations

![BNA\_TM\_RGB-1.png\]](https://knowledge.bnadebtsolutions.ca/hs-fs/hubfs/BNA_TM_RGB-1.png?height=50&name=BNA_TM_RGB-1.png)

Open main navigation

Close main navigation

- English
  
  Show submenu for translations

 How can we help you?

- There are no suggestions because the search field is empty.

1. [Help Center](https://knowledge.bnadebtsolutions.ca/knowledge?hsLang=en)
2. [Personal Bankruptcy](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en)
3. [Debts](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#debts)

# Can I include corporate debt in a personal bankruptcy?

If you choose to cease operating your business, then any amounts you are personally liable for can be included in your Bankruptcy.

This could be amounts owed to Canada Revenue Agency that you are personally liable for as a director, and any jointly signed or personal guarantees you gave on corporate debt. 

- [Consumer Proposals](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#main-content)

    - [Assets](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#assets)
    - [Cost and payments](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#cost-and-payments)
    - [Other](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#other)
    - [Credit Cards](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#credit-cards)
    - [Taxes](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#taxes)
    - [Mortgages](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#mortgages)
    - [Debts](https://knowledge.bnadebtsolutions.ca/knowledge/consumer-proposals?hsLang=en#debts)
- [Personal Bankruptcy](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#main-content)

    - [Assets](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#assets)
    - [Cost and Payments](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#cost-and-payments)
    - [Length of Bankruptcy](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#length-of-bankruptcy)
    - [Other](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#other)
    - [Credit Cards](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#credit-cards)
    - [Taxes](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#taxes)
    - [Mortgages](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#mortgages)
    - [Debts](https://knowledge.bnadebtsolutions.ca/knowledge/personal-bankruptcy?hsLang=en#debts)
- [Debt Repayment Options](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#main-content)

    - [Do Nothing](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#do-nothing)
    - [Debt Consolidation Loan](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#debt-consolidation-loan)
    - [Informal Agreement with Creditors](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#informal-agreement-with-creditors)
    - [Debt Management Program (DMP) - Offered through Credit Counselling Society](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#debt-management-program-dmp-offered-through-credit-counselling-society)
    - [Orderly Payment of Debts (OPD) - Offered through Money Mentors](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#orderly-payment-of-debts-opd-offered-through-money-mentors)
    - [Consumer Proposal (debts less than $250,000, excluding principal residence mortgage)](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#consumer-proposal-debts-less-than-250000-excluding-principal-residence-mortgage)
    - [Division I Proposal (debts over $250,000, excluding principal residence mortgage)](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#division-i-proposal-debts-over-250000-excluding-principal-residence-mortgage)
    - [Bankruptcy](https://knowledge.bnadebtsolutions.ca/knowledge/debt-repayment-options?hsLang=en#bankruptcy)

[![Chill listening crop-3](https://knowledge.bnadebtsolutions.ca/hs-fs/hubfs/BNA_TM_RGB-2.png?width=73&height=50&name=BNA_TM_RGB-2.png "Chill listening crop-3")](http://bnadebtsolutions.ca)

BNA Debt Solutions Help Center

<https://www.facebook.com/bnadebtsolutions> <https://twitter.com/debthelp_yyc> <https://www.instagram.com/bna_debt_solutions/> <https://www.linkedin.com/company/bnasolutionsinc/>

Copyright © 2026, BNA Debt Solutions