| Do you want Business Debt information? This category is your resource for helpful Business Debt infomation. The Editors of this Business Debt site collect frequently Business Debt questions and Business Debt tips for your searching and browsing. Hope you can find useful advice what you want.Happy surfing! |
| Business Debt |
| Is an officer personally responsible for business debt if he or she is the one that signed for the account...? |
In the case of a credit card, if the card issuer agreement between the company, the creditor, and the individual is that the individual is responsible for paying the account (which it normally is),... |
| What's the real deal with bad business debt, an S-corp, and my personal credit? |
I think it depends on a number of things, including how you took out your initial business loan (which I assume you are still paying off). Here's some articles on the subject:
... |
| Sole proprietor business debt...harassment, help!? |
Have a look at the article below. It spells out your rights as a debtor and what they can and cannot do.
Essentially they can only call you so often, so many times. If you send something to ... |
| Am i right to stop paying for a business debt if my ex business partner will not provide the bank statements? |
If your name isn't on it, don't sweat it. It is possible that she could come after you legally, citing breech of an oral contract, but it's unlikely. There probably aren't too... |
| Does a small businesses debt work into a buyout of a 50% partner of that business? |
Yes, the $200,000 should be included in the valuation of the business. That debt impairs the value of the business assets. I'm sure your partner would love to walk away from the entire debt wi... |
| Does paying a small business debt with personal funds open you to liability? |
It depends on lots of factors.
Why not just play it safe.
Put the money into the company as owner's equity, then have the business pay the debt.
Write the company a bill for the money... |
| I have a lot of business debt as a sole proprietor. Why does bankruptcy go against me personally? |
This is one of the very few times where bankruptcy is the proper answer. You made some bad business decisions (as we all have from time to time). Since there is no reasonable hope that you'll ... |
| Paying off business debt? |
Your question is filled with unknown facts. First, and most importantly, you should be able to pull out of your mess if your creditors continue to help or if a bank or someone bails you out. The ... |
| Will my small business debt make it harder for me to purchase a home? |
You said the accounts were in good standing. There is nothing wrong with carrying some debts, and many people claim that creditors seek a certain amount of debt to the amount of credit available t... |
| Can I remove a business debt off of my credit report? |
Oh jeez......
GG, as a "professional" collection agent you know better!!!! If a debt is sold to another collection agency they can not post it again for another 7 year...that is calle... |
| How Can We Keep an Old Business Debt From Ruining Our Credit...? |
I am not sure, but, I don't think tax owed is as negative as being delinquent on personal loans. I would definitely include the letter and meanwhile, pay whatever you can, so eventually you wi... |
| Can bad business debt go on your personal credit report? |
Yes, it can. But it will depend on how you did your articles of organization.
Good Luck! ... |
| Our small business is $20K in credit card debt? Since this is a business debt, who can help me? |
Go to ... |
| I have business debt and in trying to keep the business going I have messed up my personal credit.? |
The first thing you need to do is FIX your fico. Do not try to consolidate that is just an accident waiting to happen. Here is how a fico works. There are 5 key areas for your fico score:
1: ... |
| Will business debt accumulated under a sole proprietorship EIN number be assigned to my personal (SSN) credit? |
As long as you never signed anything guarantying the debt of your failed company? You should be fine. ... |
| What to say to debt collector that keeps calling my business (I'm not the one who owes)? |
Get her contact information next time she calls, and write a letter to the company telling them to cease all communication to your phone number - and that you're not the person they're tr... |
| Small business collecting debt from another business..? |
don't you hate it when people owe you money and they won't pay? okay, here are your options:
1. small claims court (not your best shot)
2. collection agencies. some will buy the... |
| Advice for debt business? |
People would pay $100. I think that is a completly reasonable price, your biggest problem will be marketing yourself to customers though. If you stick with it, I'm sure that your initial cus... |
| If I have an SBA loan to start up a business, would it be considered personal debt if I applied for a mortgage |
It would be considered personal debt, unless it is purchased/mortgaged under the business name.
You may be able to get a bit of a bigger tax break if you plan on running your business from home... |
| Is it ok to consolidate personal debt into a business loan? |
You can use this money as a loan from the business and pay it back at your leisure. ... |
| Financing Business with Debt? |
Thats a question I like to know good luck ... |
| Can a debt to a business for service provided be included in an IVA or a DMP? |
yes a debt is a debt!!! ... |
| Can a credit card company take money from your personal checking account for business debt without notificatio |
No. Unless you have set up some form of autopay that you have not yet cancelled credit card companies cannot take from you unless you ok it.
I have worked for Citibank Credit Card Services fo... |
| Need help with my small business debt, i don't want to file bankrupt? |
So, I'm assuming you've completed your sales forecasts, etc for this year and you anticipate showing a profit with your expected orders? If that's the case, you should be able to se... |
| I have a business debt for $10,000 that i'm required to pay by the end of June I can't afford it. What do I do |
Meet up with your creditor now and discuss with him the alternatives like work out a repayment schedule or you can work for him for free or something. But you musn't leave it to the last momen... |
| How can I collect money from a business debt in Mexico without crossing the border? |
If he does business with customers in the US who pay him, sue him for the money in a US court. If you win a judgment, then garnish the amounts his US customers owe him. They pay you and not him.
... |
| Am I personally liable for a business debt? |
Yes you can. If you were a sole proprietor and not a cooperation or if you personally guaranteed the lease with your finances. (did they run your credit? by asking for your SS#) ... |
| How to file interest paid for foreign business debt in U.S. tax return? |
The same as though it was a US debt. ... |
| How do i pay a business debt without being liquidated? |
You could try to borry to cover the machine payments, but it would end up digging you a deeper hole. Then you would have a new loan for the same amount or more and have machines that arn't g... |
| Has anyone done business with Debt Solutions? Are they legit? |
There is a great place to go with this. I was in a very similar situation.
This is getting help from real people without the use of banks or credit card companies. Good Luck!
... |
| Page:1 1-2-3-4-5-6-7-8-9-10-11-12-13-14-15-16-17-18-19-20-21--Next |
