So channel as much of your income as possible into
legally protected personal assets such as a 401 (k) plan and college savings accounts in your children's names.
Though you may lose some of your tangible assets if you are unable to repay the loan, you won't lose strategic control of your business; provided
you legally protected your personal assets.
Not exact matches
How to
Legally Protect Your Home If Your Business Is Sued Before starting up, it's important to set up protections for your
personal assets, including your home.