I have an incorporated business and I run into problems with my selling agency and refused to pay envelope them in full amount. They own taken the case to a collection agency and the collection agency guys hold been calling me.
The contract be signed under my company but I signed it since I am the president and just director of the company and 100% of the company.
The collection agency says they can ruin my credit as capably. Is that true? Or only my company credit get ruinmed?
Answers: Look at who just get indicted over the housing mortgage and loan fiasco which caused Bear-Sterns to fold their tent and travel bankrupt. At lowest possible two of the executives are going to trial on criminal charges. So, I ask, what do YOU think? What have and is happening to THEIR credit? The answer is, since you say aloud you are 100% of the company, YES, you can be held personally in charge since you are the owner and are authorized to place the company in debt. YES, your credit can be ruined as ably as the company reputation. Time to fight the moral fight and settle this back it goes too far and you DO extension up ruined financially. If they failed to complete to the terms of a contract and you did not pay envelope for services not rendered, then you enjoy merit in the eyes of the court. However, it in actuality depends on the wording of the terms surrounded by the contract. Were there any penalty for non-performance? What were the jargon which defined the conditions which had to be met to be within compliance as performance? Time to hire an attorney and obtain that contract analyzed (which you should have done BEFORE signing it) and see if they really DID make. All we have is your word and your word is worth nothing here as we have no bearing to determine if you are telling truth or lies.
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The contract be signed under my company but I signed it since I am the president and just director of the company and 100% of the company.
The collection agency says they can ruin my credit as capably. Is that true? Or only my company credit get ruinmed?
Has anyone hear of a company call "Standard Financial Inc." ?
Answers: Look at who just get indicted over the housing mortgage and loan fiasco which caused Bear-Sterns to fold their tent and travel bankrupt. At lowest possible two of the executives are going to trial on criminal charges. So, I ask, what do YOU think? What have and is happening to THEIR credit? The answer is, since you say aloud you are 100% of the company, YES, you can be held personally in charge since you are the owner and are authorized to place the company in debt. YES, your credit can be ruined as ably as the company reputation. Time to fight the moral fight and settle this back it goes too far and you DO extension up ruined financially. If they failed to complete to the terms of a contract and you did not pay envelope for services not rendered, then you enjoy merit in the eyes of the court. However, it in actuality depends on the wording of the terms surrounded by the contract. Were there any penalty for non-performance? What were the jargon which defined the conditions which had to be met to be within compliance as performance? Time to hire an attorney and obtain that contract analyzed (which you should have done BEFORE signing it) and see if they really DID make. All we have is your word and your word is worth nothing here as we have no bearing to determine if you are telling truth or lies.
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