Legal Question in Credit and Debt Law in New York

a judgement was taken against my small busines can my oersonal property be taken

Asked on 5/07/11, 10:43 am

1 Answer from Attorneys

Paula McGill Paula McGill Attorney at Law

As a general rule, no.

However, if you co-mingled assets, personally guaranteed the debt, or engaged in questionable transfers from the business to your account, you may be responsible for all or a part of the judgment.

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Answered on 5/07/11, 3:48 pm


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