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-   -   Collecting a debt (https://www.askmehelpdesk.com/showthread.php?t=338409)

  • Apr 6, 2009, 05:47 AM
    lunaindebt
    Collecting a debt
    I have a corporation in NYS can a personal judgement be collected againts my corp .
    I also have a joint account with a minor can thi s account be seized the account has the minors social security number.
  • Apr 7, 2009, 05:06 AM
    excon

    Hello lu:

    No on your corp. Yes on your joint account. If, however, you receive a salary from your corp, it can be garnisheed.

    excon
  • Apr 22, 2009, 08:39 AM
    AK lawyer

    Your shares in the corporation can be taken to satisfy a personal judgment against you. How prescisely this can be done can best be answered by someone (such as JudyKayTee, for example) more familiar with NY collections procedures.

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