have a 150,000 personal judgement against me...can they hurt or lein my corporation in ny that i just started..or in any way lein my company bank account?..i put my wife down as the secretary..

Thanks very much for the feedback....how do the atrticles of inc need to be set up?...i already set it up in my name thinking ny corp owners can remain anynomous...can his attorney find out from dept of state what co. an individual owns because now im thinking of changing it!...Thanks

im considering Bankrupct but i know i have some judgements on the way within 30 days one thats a lot...over 100k... will personal bankrupcy help?

im considering bankrupcy..does it affect my wife, obviously her credit isnt good anyway because we have gone through tough times together but a lot of her debt was paid when we sold our home.. now i have personal and business loans that are i cant handle...will my bankrupcy affect my wife if we live together?

there are no assets...although im starting a new company so i was incorperating in her and my FIL's name so i dont have any problems with the intent of loving her till the end of time
Judy ...you are very effecient i may add..thanks

can a personal creditor lien a corporate bank accout in my name and how does the creditor find out from the bank? is it electronically or do they walk in?

if im running my wifes small company thats not a corp it is simply a dba in ny do i need to incorporate to protect from judgements?

how does the corporation need to read if i want an officer to open the merchant account and bank info and what title do i want that person to be named...is it the secretary?

The Judgement hasent been granted..it is submitted and and i have been served

i had a business and defaulted on a business note that i signed personally for....i have no cash in the bank at all and im wondering do i claim personal bankruptcy..i have mounds of debt from years a ago anyway...how far can a creditor or personal liener chase you?

i sold my business lease but not the business...the money is now gone!...no where in the bank...can i declare BCY or will a trustee find out..

i sold my business lease but not the business..i put the business out of business...the money is now gone!...no where in the bank..totally spent paying off all the creditores and 9 months back rent...can i declare BCY ....

Ok don . my corp (that im trying to disolve)and myself are personally liable for the note on a business that i recently sold the lease on(had a long lease)franchise wanted it but not the phsical business....so i sold the equip and closed the doors to the food store.... i now have no assets..the home i live in i dont own...i already have 100k lawsuit from amex that never reached judgement yet...60k judgement thats quiet and has been all from 3 yrs ago..now the new judgement on the way...but my wife started a dba 12 mo's ago...is her company protected or do i tell her to incorporate...Co-mingling?.. dont know of the term...she will be doing business at my same home address and i dont know if she's protected

donf

One Love,

I am not the person with the problem.

Plenetpep,

From what little I remember of Contractor Law class I read through in Virginia, which will be similar to other states, you need to be incorporated in the proper type of corporation to shield yourself from personal ligitation.

However, none of that matters at this point because at the time this litiagation began, you are not a corporation.

Get a very good lawyer and see if you can work out a deal with the ligitator and have the complaint dropped. Otherwise, you are flat out exposed!

Regardless of anything you can say, by your own admission you were acting on behalf of your wife's business.

Curlyben

Threads merged as they relate to the same issue

Fr_Chuck

To the best of my ability I have merged the many posts on the simular or same subject. Please don't make several threads on the same subject, merley add additional info on your orginal thread.