> Best to my knowledge - incorporation does not protect ones
 > personal possesions.   If ones corporation does not live up to
 > its obligations the creditors will ask and get the personal
 > possesions to cover the indebtedness.
OH YES IT DOES! You become a limited (LTD.) company and unless you sign a 
personal guarantee with a creditor no one can touch your personal possesions 
unless they were purchased from funds received directly from a creditor, eg. 
a bank, and used to purchase that personal item. Also the creditor has to 
prove that the funds purchased that item.
Jim
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