Forming a business with someone who has really bad previous credit rating?
November 12th, 2008
| Tags: Bad Credit Rating, Forming A Business, Personal Credit
Nufka asked:
When you form a business with somebody who’s been declared bankrupt in the past and has a really bad credit rating, is it going to have an affect on the new business or my personal credit rating in any way??
Jack
When you form a business with somebody who’s been declared bankrupt in the past and has a really bad credit rating, is it going to have an affect on the new business or my personal credit rating in any way??
Jack
very bad idea…..could be the worst mistake in your life…if you partner could not handle his own finances why do you think he will do better with yours….do not trust him/her