Your other questions depend on facts we don't know. We don't know the nature of the causes of action made against the corporation. We have no way of determining your potential personal liability for the debt. We don't know anything about the corporation's assets or how you have managed them. If you need that type of analysis, you need to sit back down with the lawyer and provide him with the details of your situation, anticipating that you'll pay for an hour or two of his time.