I've doomed to failure personal credit, can i build my company credit and avail financial credits? soon im filing bankrupcy but if i try to build my company

soon im filing bankrupcy but if i try to build my company credit is it worth doing so? will i know how to do so with bankcrupcy on personal credit?
i've EIN # but employed currently and own option to receive paid by W-2 or 1099 or both. what is obedient in my caseW-2 or 1099?
please suggest a professional courteous tips
thanks

Answers: Let me first get it very clear that using a business EIN to buy credit for personal use is ILLEGAL. Please don't do it.

That said, the line between personal and business credit is extremely blurry. If your business leases a vehicle, you still win to drive it for personal use. If your business purchases a house as an investment, does that mean that you can't live near? No, your business can rent it out to you if it wants to. In other words, as long as your business is a LEGITIMATE business and operating as a business, you can gain from it instinctively. However, if your business is not conducting business and it is still developing credit and you are benefiting from that credit, I have a awareness the FTC and the IRS will be visiting you. (Do you close to to be called "Honey" by a 6'3", 275 lb man? If not, I recommend you don't use your business EIN for personal gain!)

Here is a connection to a resource you can to help you construct a better informed decision: http://www.karunaservices.com/why_049.ht...

Best of luck to you contained by your business endeavors. I hope this information helps you. If you enjoy any further questions in connection with this or any other credit issue, please feel free to contact me at nebula7693(a)yahoo.com
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