Chapter 13??! How the heck will he convince a trustee he can pay back 13 million in 3-5 years??!
He has an incorporation. The business is not connected to his personal life... Well not till he directly committed fraud
Bankruptcy does not always eliminate the possibility of personal liability.
http://www.nolo.com/legal-encyclopedia/business-debts-personal-liability-29905.html"if you failed to maintain a formal legal separation between your business and your personal financial affairs, creditors could try to hold you personally responsible for the business's debts under a theory known as "piercing the corporate veil." This happens when a court finds that your corporation or LLC is really just a sham and that it is you personally operating the business."
TT