Can a personal credit card affect my business account?

Submitted by laplata2 on Wed, 04/13/2011 - 17:31
Forums

I have defaulted on some credit card debt. I now have a judgement against me and I know they can come after my personal bank accounts, but can they garnish my business accounts? I am self employeed. Most of the equipment I own within my company has no value (I owe as much as its worth). Will they come after that? What can I do to protect myself?

To protect yourself, FOA you'll need to be there on the date and time mentioned. If you don't appear at the court, the creditor might obtain a default judgment against you. Always remember that.

Fri, 04/15/2011 - 07:32 Permalink