AboutChristine Janklow Expertise As President of SettleSource,Inc. a business debt settlement firm, I invite you to inquire about all aspects of business debt solutions to best determine which may be most appropriate. If you have questions such as: What is debt settlement and how process provide debt relief to my business? What options are available to deal with my business debts? Is it possible for a business owner to negotiate their own settlements? Why is debt settlement preferable to filing a bankruptcy or debt consolidation? Why are creditors willing to provide settlements to a business? How will settling debts affect credit scores? or How to rebuild a business after debt is eliminated. Please ask it now! For more information regarding how debt settlement can help your business, please visit www.SettleSource.com and place your inquiry. Mention All Experts to have a confidential no cost consultation with Christine. If this is your business situation time may play a very important factor in getting matters resolved proactively before they have negative affects on the business.
Experience My expertise is specific to providing business solutions that will have profound positive impacts on the financial health of businesses. I have 25 years experience as an entrepreneur and have developed national sales programs; strategic alliances; product development; marketing programs; business and turnaround plans and debt settlement programs all providing methods to improve the financial outlook for large and small businesses.
Organizations Turnaround Management Association; Los Angeles area
Publications Los Angeles Daily News; Today Magazine Monthly series of business articles entitled "Brand News."
Education/Credentials Bachelor of Business Administration; Associate of Arts Merchandising
Past/Present Clients American Airlines, American Express, Safeway Inc., New York Life, consumer products manufacturers; retailers and service providers.
Question I had a S-Corp that went out of business in July 2007. I have a phone
directories company after a bill that I cannot pay. The $1400 bill for
advertisement has been sent to collections. Do I have protection from the s-
corp? They don't have any information on me other than my signature signing
on behalf of the company. They are planning small claims court suit with the
company no longer in business and me personally. Help!
Answer Cam:
Thank you for your question. As for the type of business that you have closed, I don't know if you have the protection after such a closure. I highly recommend you speak with the attorney who may have set up the corporation in the first place. Additionally, as far as the collections go, the collections company may "threaten" a small claims suit to prompt some action on your part. Do your best to confirm your personal liability to this debt. If you find that they can collect on you, you should try to work something out like a settlement for less or a repayment plan. If they do pursue legal action, then you will need to get an attorney and will probably need to provide information that helps the court to know this was a business debt and there are no further assets to repay it. I hope this helps.
