donf
May 7, 2008, 07:21 AM
Planetpep,
Okay, I've now counted three posts all along the same vein.
Please go back to the original post and define for me the situation you are in.
From the original posting, I drew the conclusion that you as a representative of you wife's business transgressed in some mater belonging to that business>
Is that what happened? Or as this posting suggests, are you in defaulting on a personal debt (yours only)?
If you have a personal account under your "DBA" company that is owned by the company, for the sole use of company business, a reasonably good attorney may be able to shield those funds from the creditor.
I suspect that if you have co-mingled personal and company funds, you are in trouble.
The only real protection you may be able to take is a personal bankruptcy.
Regardless, talk to a NY licensed Attorney, now!
Okay, I've now counted three posts all along the same vein.
Please go back to the original post and define for me the situation you are in.
From the original posting, I drew the conclusion that you as a representative of you wife's business transgressed in some mater belonging to that business>
Is that what happened? Or as this posting suggests, are you in defaulting on a personal debt (yours only)?
If you have a personal account under your "DBA" company that is owned by the company, for the sole use of company business, a reasonably good attorney may be able to shield those funds from the creditor.
I suspect that if you have co-mingled personal and company funds, you are in trouble.
The only real protection you may be able to take is a personal bankruptcy.
Regardless, talk to a NY licensed Attorney, now!