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• 1. H

     going out of business

     What is the name of your state? Illinois I bought a business nearly 4 months ago that is failing. I feel that the previous owner misrepresented her financials and now I am stuck and need to get out before I am eaten alive. I still owe the previous owner 55 thousand dollars because she holds...

     • help-us-please
     • Thread
     • Jun 25, 2006
     • Replies: 3
     • Forum: Starting and Operating a Business
  2. H

     Financial misrepresentation?

     What is the name of your state? Illinois I bought a laundromat in February, under the assumption that it was making x amount of money. The previous owner showed me an income statement for the past year and guaranteed my broker that these were actual results and I believe she signed something...

     • help-us-please
     • Thread
     • Jun 3, 2006
     • Replies: 2
     • Forum: Starting and Operating a Business
  3. H

     How do creditors make claims

     What is the name of your state? Illinois, Cook County When you are in probate, how do you know when a creditor files a claim against the estate? Will I receive a letter in the mail since I am the executor of the estate, or will my attorney receive a letter. I understand that they have 6...

     • help-us-please
     • Thread
     • Sep 16, 2005
     • Replies: 1
     • Forum: Probate and Personal Representatives