system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5 How are business people who bankrupt multiple businesses still able to open businesses?

How do they keep getting loans for new businesses to run into the ground? Does it lower their personal credit score?
gpt
Many people don't understand that the US Bankruptcy Code is actually intended to serve as a positive and encouraging tool to save a struggling business. In the world of business, taking advantage of its provisions is not an embarrassment. Many Americans seem to think it is, but it is not. 

A person may never file personal bankruptcy, yet be associated with  corporate bankruptcy multiple times. A corporation is a separate legal entity from a person, so a corporation going bankrupt does not automatically impact the personal assets, other than the value of their investment in the company's stock, or credit score of its owners or shareholders.

The most important point:  A chapter 11 bankruptcy is not the end of a business. It’s a strategy for eliminating or reducing debt, using the courts you work with lenders to show that your company, while in trouble now, still has profit potential in the future. 

Chapter 7 bankruptcy is different. In a chapter 7 bankruptcy the company's assets are sold to pay of creditors, and the business is closed. If there are not enough assets to pay the creditors, well... tough. However after closing a business, there is no law preventing a person from incorporating and starting a new business. And as long as more of your businesses make money than fail then you can keep going.