Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What do you think I should do????? I'm desperate for a solution.?
My husband & I invested everything we own and mortgaged all but our soul to expand his business. Well, it worked, sort of, as we have a good businesss, but we are so behind in our current everyday bills., ie. house mortgage, electric, heat, phone, etc., that we cannot even afford to pay attention. We are destitute with nothing left to sell off. The IRS just levi'ed our checking account and took the last of our money. (they didn't tell us either) Now, i'm going to have bounced checks all over town. I just feel like we lost a war. HELP.
5 Answers
- whatevitLv 51 decade agoFavorite Answer
Why have you not paid the IRS? You said that the business is just starting to make money. Keep the house mortgage paid, turn off all utilities where ever you can. Add all creditors together and pay off a portion of each bill each month.
Push the business, work extra hours at it. Move the family to the business site. Hang in there, things will get better. Make sure you advertise even if it is just a sign in front of the business, the more advertisement the better.
- Anonymous1 decade ago
there is a way, you can look for investors or partners for your business. In exchange for a certain amount of money, they own a certain percentage of your business. If your business is good and can turn a positive cash flow, you should not have any problems finding partners to join as a co-venture.
- 1 decade ago
i would suggest, cuase ive been there very recently, get rid of ALL your luxeries. cell phone, cable, internet, etc... unless absolutely needed for the business, if you have more than one vehicle, sell one. as far as the bad checks, just do what you can and speak with the business owners about the situation and they will hold off on turning them into the county attny. good luck:)
Source(s): going through it now. it sucks!! - How do you think about the answers? You can sign in to vote the answer.
- 1 decade ago
Call a financial expert like American Financial Solutions. They are free, and will help alleviate much of your debt.
Source(s): http://www.myfinancialgoals.org/
