Can your company’s accounts be frozen for personal debt?

I've been fighting a judgement lost by default as the attorney was in negotiations with me and was going to settle, then he proceeded to court without my knowledge. He sued me personally, but my company whom I am part of is an llc. They are trying to hold be liable for a contract signed with a vendor 6 months before I was on the project. Now they just froze my company funds. Yet they didn't sue the company and I am not an officer. I am the designer. My husband is CEO and it is just a small operation, with six employees. My children are the other "board members". I am fighting the original judgement and am trying to get it thrown out because of his business ethics. Right now we can't operate because all our funds are frozen. His exwife was my client and I think she couldn't get the money out of the company that did screw up, and figures she could get it out of me.

Obviously they can freeze the accounts because they have gone through the court and done just that. I suggest two things first get a lawyer; you need PROFESSIONAL legal advice. Hopefully they will tell you that you can launch a counter suit for the damage this person has done to your business. Second open another account to use for your business they may try to freeze that but they will have to find out about it first. Keep the balance just high enough to cover the checks written so that if it is frozen you can simply open another account with funds that have not yet been deposited.

One thought on “Can your company’s accounts be frozen for personal debt?

  1. Obviously they can freeze the accounts because they have gone through the court and done just that. I suggest two things first get a lawyer; you need PROFESSIONAL legal advice. Hopefully they will tell you that you can launch a counter suit for the damage this person has done to your business. Second open another account to use for your business they may try to freeze that but they will have to find out about it first. Keep the balance just high enough to cover the checks written so that if it is frozen you can simply open another account with funds that have not yet been deposited.
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