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    NItro1's Avatar
    NItro1 Posts: 3, Reputation: 1
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    #1

    Aug 17, 2010, 04:09 PM
    Personnel debt vs. My DBA
    I have a personnel dept to a bank. I am wondering if the bank can sue me and come after my business partner. The dept is no way related to the DBA business. My partner is freaking out thinking the bank will sue the business and take all his assists. Any help is much appreciated.
    Thank you.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 17, 2010, 06:12 PM

    If there has been no legal separation of the money by an incorporation, yes they may come after any of your personal money , and that includes the money in business accounts you have personally
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