jrobinsonchicago

  1. If she is registered as an incorporation, there is little chance of recovering any money. A corporation tax status protects the personal assets of it's owner.

    A corporation is seen as a separate person or entity, and once the corporation has zero money or assets, that's most often where the collection process ends.
    August 08, 2012 3:10 pm on Brides-to-be say dress shop broke its vow
  2. If they are incorporated, there is little chance of recovering any money, as an incorporation tax status protects owners personal assets because the business is treated as a separate person or entity.

    Several businesses around Valparaiso have done this to unsuspecting customers knowing they would be closing their doors.

    Nates Carwash did it by selling gift certificate books at $100 each, then closed their doors. Bella Capelli did the same with gift certificates. And now Sisters Bridal, not to mention many more.
    August 08, 2012 2:49 pm on Brides-to-be say dress shop broke its vow
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