Ask Experts Questions for FREE Help !
Ask
    hey2222's Avatar
    hey2222 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 2, 2007, 06:13 PM
    Accounts that can't be garnished
    What kind of corporation can you start where personal garnishments can't affect your business bank account.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 2, 2007, 06:21 PM
    As long as the corporation is set up as separate legal entity, its kept separate from personal accounts.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Dec 8, 2007, 04:46 PM
    You can not start one after the judgement is already in place. If you start a corporation now, any future law suits can be protected
    s_cianci's Avatar
    s_cianci Posts: 5,472, Reputation: 760
    Uber Member
    		  
    #4

    Dec 8, 2007, 04:49 PM
    The kind that does all of its business on a cash-only basis.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounts Payable and Accounts Receivable [ 3 Answers ]

I am Accounting specialist working as processor and reconciliation expert for international organization and Local company's on Accounts PAYABLE AND ACCOUNTS RECEIVABLE . It is presently home base processing centre in toronto will be open in Sri Lanka Too If any body interest on above I...

Accounts receivable- uncollectible accounts [ 6 Answers ]

How can a business protect against uncollectible accounts? Which protection measures do you think are worth the expense?:confused:

Hospital bills being garnished from checking accounts [ 1 Answers ]

If you have unpaid hospital bills, and you open a checking account, can they take the money out of your account.

The New York Courts Garnished my bank accounts [ 3 Answers ]

I acquired a debt of 3,000 dollars. I attempted to pay my creditors off but couldn't because of the interest rates the overdraft fees etc. Finally my case was handed down to a lawyer. I failed to contact the lawyer because I didn't have the money they were asking from me, even if they lowered...

View more questions Search