I am in the same situation. I hope someone her can offer some advice.
I was in the same boat. With ch.7 bkr and S corp, you most likley have a
personal gaurantee on your business loans. There might be a few exceptions,
such as vendors, etc..
So, what I did was file a non consumer ch7. Then I closed the business by not
renewing the state license. The debts that are not personally gauranteed will die with corp,
but to be safe include them in the BKR filing.
wrote:
My state is saying I can’t just let the corporation die I Must dissolve or be charged minimum tax every year $400
And in order to dissolve the Corp can’t owe money u less it files for bankruptcy
This is why I would consult a BK attorney in your area. You can file BK on a business, and not personal, but if you did a PG some of your credit or loans, you'll be liable for that on a personal side. Most BK attorneys will do a no fee consultation, and Id definitely consider that you see what your options are.