Legal Question in Business Law in New York
corporation...
If I want to create a corporation for my business but i owe
money to IRS and to a car loan i never payed.. Can they seize
the money for my corporation?
Asked on 3/16/09, 1:53 pm
1 Answer from Attorneys
Kristen Browde
Browde Law, P.C.
Re: corporation...
It's not clear who the "they" is or what the status of your debts is. Nor is it clear what you mean by "the money for my corporation."
Creditors have to go through various steps before they can seize assets of a debtor. Without more information, it's impossible to determine what your situation is.
Answered on 3/16/09, 2:02 pm
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