Is One Personal Liable For Corporate Credit & Corporate Debts
Yes and no. If one follows the Corporate Credit Secrets program, then the answer will be a resounding "NO"; however, there are programs out there which suggest adding one's self to the guarantor line. While this will allow one to obtain more credit - quicker, it will ultimately lead to disastrous results if one wishes to dissolve the corporation in the future.
Will Personally Guaranteed Debts Risk My Personal Assets
If a debt is personally guaranteed then the creditor will sue one personally and for personal assets.
Is One Still Liable For Previous Taxes Owed
Absolutely yes! Any prior tax obligations and liabilities must be paid, it doesn't get simpler than that (sucks to hear for most). What one does going forward is another option, and lawful money redemption is that option. There has always been the ...
Will Corporate Credit Work With Bad Personal Credit
Whether it's a bankruptcy, IRS back taxes, liens or a judgment - there is still a solution. Even with very poor personal credit (or no credit at all) - corporate credit is possible! We'll show how anyone can build a corporate credit profile totally ...
What Is A Personal Guarantee
The term personal guarantee refers to an individual's legal promise to repay credit issued to a business for which they serve as an executive or partner. Providing a personal guarantee means that if the business becomes unable to repay the debt, the ...
How Much Does Corporate Credit Cost To Complete
Outside the initial cost of the program, one will most likely need to register an LLC ($70), website ($10), hosting ($50), creating a logo ($5), business letterhead ($5), a business phone number ($10) and potentially a business address ($50 / mo.) if ...