So you are willing to keep the problem alive while fighting the symptoms? If they are stupid enough to place ALL of their personal property and holdings under a corporate name instead of their own I have no sympathy. The old stories and laws indeed allowed for that, but no longer. Personal property and possessions outside of the corporation are not taken in a corporate bankruptcy, however too often we've seen where people have sheltered their ill-gotten gains inside a corporate veil. We need to fix the problem, not fight the symptoms.
Yes, it’s obvious that you don’t care about property rights, and are in fact in favor of an all-powerful state.