| Subject | Date Asked |
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| Settlement of Personally Guaranteed S corp Line of Credit | 10/30/2009 |
Q: I am part owner of an S corp that has a business line of credit which I signed a personal guarantee. ... A: Rus- The answer depends on whether or not the bank chooses to report the personal credit aspects and ...
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| business credit card debt default | 10/26/2009 |
Q: I purchased a franchise in Florida 18 months ago and operate as a sole proprietor. My husband never ... A: Christi. As you might have guessed, this is a legal question as well as a financial one, and I want ...
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| dissolving an S-Corp. | 10/24/2009 |
Q: Good Day, I have an S-Corp than I have had for 8 years. I have found no alternative, do to this raw ... A: Linda As you probably know, your question is a legal one as well as a financial one, and I want to ...
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| Personal liability for corporate debt | 10/23/2009 |
Q: We have a small business which is incorporated and have been experiencing financial difficulty. We ... A: Anna Your question is a legal one as well as a financial one, and I want to begin by saying that I ...
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| Late / Finance Charges | 9/8/2009 |
Q: In dealing with a debt of a "Yellow Page" publisher that has been turned over to a collection ... A: I am not an attorney, nor am I a debt collector, but I do know that you are blending the two ...
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| business credit card debt | 8/5/2009 |
Q: I had a bank of america business credit card that I could not pay. My partner and I have a joint ... A: Correct. Because this is a general purpose account there is no way to identify the source of the ...
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| business credit card debt | 8/5/2009 |
Q: I had a bank of america business credit card that I could not pay. My partner and I have a joint ... A: Tragically, the answer is yes. This is not the first time that I have seen this happen and it is ...
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| plumbing | 8/4/2009 |
Q: I did some work for someone that had some plumbing problems. There house insurance was going to ... A: When you did the walk through, did you get the go-ahead in writing? How about a business card? Did ...
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| Business Credit Card Debt | 6/26/2009 |
Q: I previously detailed my entire situation with Ms. Janklow who was extremely gracious in her ... A: Caution: You are asking questions about bankruptcy and while I have some experience on the ...
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| Business debt | 6/25/2009 |
Q: If a creditor is awarded a judgement against a business, can the business checking account be ... A: Yes. A judgment is a legal decision against the debtor, in this case a business. There are many ...
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| leverage ratio | 6/19/2009 |
Q: h r u sir In the business which debt to equity ratio is better to make the business successful in ... A: Answer: All of the ratios will be important to the long term success of the business, not just those ...
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