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Personal vs. Corp BR

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calicorp
New Member


Cash: $ 1.50

Posts: 7
Joined: 03 Jun 2011
Location: California
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Well what we've done since then is to start paying me a salary, and start making payments to the one creditor that had a UCC. This will deplete the corp bank account by the end of the year. Also, I'll be buying back the desks, computers, etc, from the corp to me personally. And I already pay the rent and utilities personally. Then my corp attorney will dissolve the corp, and I'll just continue on personally.
Post Wed Aug 03, 2011 2:46 pm
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coaster
Senior Advisor


Cash: $ 1357.80

Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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Thanks for the update. I hope your effort is personally rewarding as well. Wink
Post Wed Aug 03, 2011 4:24 pm
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