Jump to content

business connections


Recommended Posts

i am planning on filing for bk but on the questionnaire i received it asks about being an officer of a company. i am, plus i also sign on the company checks and have a company credit card. does this make a difference. will they try and get the money that way. i do not want the company i work for, do not have any holdings in, to have to suffer bc of my bk.

Link to comment
Share on other sites

I haven't gone through this, so this is just advice.

Sometimes people try to ditch assets in corporations and trusts, and then file BK. You must follow a number of rules to obtain the benefits of these entities. Otherwise, if you are sloppy with them & comingle biz assets with personal assets & money, etc., they may disallow the corporation and take everything. However, if the corportion is legit, then you should have no problems.

Personally, I wouldn't touch a BK without seeing a lawyer who specializes in BK. They would help you structure everything appropriately.

Link to comment
Share on other sites

i am simply the registered secretary of several companies and am an authorized check signer and use the company cc for company purchases at stores like office depot, repographic stores, strictly business.

but am definitely planning on using a lawyer, just didn't know if i even needed to mention these things to a lawyer.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.