Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Small business / personal bankruptcy and continued obligations? - I work for a company that is potentially looking at entering receivership to liquidate and close, opening under a new incorporated company. The director is looking to file personal bankruptcy as well since there are large personal debts owed, unrelated to the business, and also significant debts owed to the government. However, I was wondering whether a personal guarantee made by the director for the business will survive the personal bankruptcy and remain enforceable. -