Running a business with personal bad credit can be frustrating. It can be difficult to open a checking account if your on the ChexSystems. You may also become worried
of your assets being frozen because of judgments.
However, by filing the correct paperwork and incorporating your business, you will be able to open up a business checking account under the corporation's name and using it's tax identification
number instead of you own personal social security number. This will also protect the companies assets and funds from being frozen by any debt collector looking to collect the money you may owe
them. Even though you may have ownership of the company, the corporation is considered it's own entity and separate from your own credit, therefore it is safe from your personal
creditors.
If you are a small business, check out Getting Approved For A Bad Credit Checking
Account. This source contains a list of banks that approve people for checking accounts that are on the ChexSystems.