Archive for September, 2009
What I am asking is highly unethical and possibly illegal, if that is the case please let me know if it is illegal so I don’t get myself in trouble.
I currently have an LLC, I also have a large amount of Credit Card debt.
If I put all my Personal Credit Card Debt under my LLC, (LLC credit and so on) make a good faith effort to pay off that Debt, but have to declair bankruptcy on my LLC, How will that effect my Personal Credit rating?
Also since the debt it under my LLC because I used that to pay off all my personal credit card debt, could collections come after my personal finances?
But if I open a bar with my LLC, and the bar goes under…the creditors can’t sue me to collect the debt because the LLC protects me. Am I not understanding that aspect of LLC’s?
Using that, if I pay off my Credit Cards with the bank, using my LLC credit, defult on my LLC debt…my LLC should protect me.
Unless I am completely miss understanding what an LLC protects you from.
Jewel Sweatmon
Where I can talk to a live person prior to applying? I have bad credit and want to get rid of my debts and start fresh. There is no regular bank that would approve me and all I’ve found online are automatic loan sharks that only offer payday advances, and that is not what I’m looking for.
Is there a site where I can speak to a live agent so I can explain exactly what I need prior to applying?
Chuck Norris
Does anyone know of a loan company or a credit card company that specializes in that kind of loan. My credit score is about 680. I make about 70000 a year but my check only shows about 30000 so i need a company that doesnt check income or understands that i am on i tip compliance with the irs.
Darron Venuti























