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Can creditors go after the owner(s) of an S-Corp?

I encountered the same problem with a s-crop salon I bought for my exwife. My accountant says it like this.. if someone sues your company you are protected by the corporate veil so they cant come a...

Bunch of little limit creditcards making me go crazy?

Through credit card debt consolidation, borrowers learn how to cope with the previous debts which are in large amount. Debt consolidation works as a panacea to pay off all previous debts from one s...

Is it possible to take out a personal loan for $25,000 with a cosigner?

Dad Got a home? Can HE get a home equity? At least the interest will be tax deductible....for him. If your credit / income is that decent, why would you need a co-signer for a personal loan? ...

I need help- a very hard decision?

Don't quit your business. Well don't quit having a business. I don't know what type of business you do or its potential or the amount of time it takes or how passionate you are abo...

Being reported to collection services ?'s?

As long as you and the creditor enter into a written contract that you both agree on,yes,you can pay as little as one dollar and you cannot be harassed by collectors.Verbal contracts do not work,ma...

What to expect when spouse files bankruptcy in WV?

Talk to an attorney. I believe once you are married, all the debts incurred are both of yours. So I think you will be dragged into this.

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If i leave the country with debts can i still be chased abroad. can i leave debts here and start fresh.?

Don't leave any forwarding addresses. they won't have the time or resources to go looking for you worldwide. just make sure not to use the same companies in the new country. My sister did...

Bad Debts Provision?

sorry you lost me at could anyone kindly help lol. But 2 % does seem a low interest rate are you sure that is right

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Determine whether the following determine sole proprietorship, partnership, or corporation.?

seriously?

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Has any one ever dealt with a company called credit card relief?

I hate to be rude but DONT PAY IT (and advise your dad not to pay it either) he is 81 and his ss is not garnishable He wont need credit as I assume he already has a house Probably wont be buyi...

Okay, let's try this again...30 K?

ok,JJ..since no one else seem to be giving it a shot ..I will give it a try....by the way, not a math major....far from it.... first look at a loan with no interest...30,000 to be paid over a 2...

I've been served papers. What does this mean?

When you say "served " do you mean you have a court date? If not, they may take you to court but I doubt that. Your note has been Sold to a collection agency, they buy these notes for Pen...

Affordable loan?

Reported- TWAT! Why don't you also tell people that you're based in Spain, so that you can't be prosecuted or extradited for financial crimes commited against people in the UK?

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What a Collections Agent job is ?

If you take this job, your duty will be to collect payments for services from customers and/or patients, depending on what type of organization/company this is. If a customer has not payed their d...

Is there a law that protects businesses from harassing creditors?

I asked my girlfriend who is in consumer credit, here is what she wrote me: There are many laws and regulations in the way of consumer credit. Many times though the line is not clear because of...

What can you tell me about Recovery Managment Services?

If you settle your delinquent account with them make sure you get all information from the person you are talking with because they will try and collect the remaining balance after your settlement....

Why is Slovakia of interest to UK manufacturers of car components?

Cheap labour.

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Why do so many businesses only accept credit cards?

The cost of dealing with bounced checks, and money orders which might be stolen or forged, that have to be written off as uncollectable can exceed and profit from additional sales. Remember: if t...

Federal Bankruptcy Exemption Wildcard?

As I understand the law, you can "stack" your exemptions. In other words, absent any real estate, you can add the "wildcard" exemption to the unused homestead exemption to exem...

NEED HELP FAST! Looking for someone who can lend out money?

You should go to www.prosper.com. It's a website where regular people go and lend money to other regular people. It's a very interesting process and you can post the reason you want the...

How would you file this?

wow

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Is it OK to use a blog to self promote and build a fan base?

A blog enables an expression of ones thoughts and allows others to react to those thoughts ... If you intend to make it something that is built out of collective effort.. try moving on to creat...

Urgent : Provision for bad debts : bad debts : income tax?

High bad debts can only be allowed if you areable to prove that they are genuine bad debts and mere provisioning will not help ur case to claim such high bad debts

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Filing for Bankrupcy?

I will suggest you to take help from a bankruptcy legal expert. Try taking help from usalegalcare.com. They have got legal experts for all legal issues. You need to pay just $1 a day. Have a tensio...

Unpaid rental fees for tools and equipment they still have the goods. Can I deduct any loss?

The rent you were never paid is not a bad debt. Nor is the loan you took out for the equipment, so that is not a bad debt. If they stole the items, you may have a casualty/theft loss for the ...

If I file banruptcy as an LLC, can they come after me personally?

aslong as you did not sign any loans as personal they cannot come after u, however, if u did yes they can and will for that particular loan. ur home is protected unless u pledged it personally agai...

Husband has defaulted on credit cards in his name, what can i do?

The first poster is wrong, unless you live in a community property State like AZ, CA, ID, LA, NV, NM, TX, WA or WI you are not responsible for these debts. Under the Fair Debt Collection Practic...

Confused about mortgages. Help!?

Get a line of credit against the rental if it is paid for..... I would hold out another few months...the FED WILL CUT RATES AGAIN. Guaranteed. It could be as low as 2.5 percent key rate by t...

Do higher interest rates contribute to more inflation?

If higher interest rates contribute to inflation then the Federal Reserve so have it wrong!! Most inflation is believed to come from an over active economy with too much money chasing too few go...

How can I prepare..........?

Would need much more information than you are giving to really answer this question. Two suggestions, can you work part time at the job you are currently working at to transition to staying at...

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