Personal company goes bankrupt, should personal property be paid off?

Legal analysis: The answer to the question "Should personal property pay off debts when an individual company goes bankrupt?" If an individual company goes bankrupt, whether to pay off debts with personal property depends on the actual situation. If it is a one-person limited liability company, the shareholders can't prove that the company's property is independent, and they should bear joint and several liabilities.

Legal basis: Article 57 of the Company Law of People's Republic of China (PRC), the provisions of this section shall apply to the establishment and organization of a one-person limited liability company; Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply. A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders.