Many instances have taken place that pass on a message that one should keep his personal life separate from his business life. It has been seen that people share details of their business on their social media accounts. It shall however, be noted if any legal hassle takes place then seeing the previous cases, judges declare the account as well a part of business property.

Sometimes, people get so into their business that they start promoting their business on social media forums. But if anything wrong happens and legal proceedings take place then it has been seen that judges consider those accounts as a part of business only.

To cite an example, a Texas man used his social media account to promote his gun store. He used to post politics-related messages involving criticism of the president and promoted Second Amendment rights.

In bankruptcy, Jeremy Alcede lost ownership of his Houston store. He had to spend around seven weeks in jail for not abiding a federal judge's order to share his passwords of Facebook and Twitter accounts with the new owner.

He was released in May after revealing the information. Alcede said, “It's all about silencing my voice. Any 3-year-old can look at this and tell this is my Facebook account and not the company's”.

The case reveals how social medial accounts are counted as business assets. Legal experts have affirmed that the case acts a license for business owners as how to deal with their social media accounts. US Bankruptcy Judge Jeff Bohm has handled Alcede's case and has affirmed that ‘the landscape of social media is yet mostly uncharted in bankruptcy’.

He also affirmed that such accounts are treated as subscriber lists that provide important information about customers and potential customers.