Do the officers,directors or share holders of a closely held corporation have to sign the bankruptcy forms in a chapter 7 voluntary filing?
When I file a bankruptcy on behalf of a client that is a corporation, I review the Bylaws to see who has the legal authority to sign this type of document on behalf of the corporation. I also have the shareholders and directors adopt a resolution authorizing the bankruptcy. In most cases, I have the president sign on behalf of the corporation.
