Hello There,

I was hoping you could provide me a little advice.

I own a small corporation that's currently not in operation any longer. 2 years ago I deposited a check for $9,000 from a customer and the bank cleared it. Days later the check bounced. The bank started sending letters asking for a return of the money. I no longer had it (was in the midst of being frauded by a family friend). The collection company abused some collection laws and I had an ombudsman put the collections temporarily on hold.

Two years later now the same bank with a new collection's company is contacting me for the $9,000 again and I still haven't recovered from the fraud and have no means to pay. My 2 questions are this:

1. Because the check was payable to my corporation and deposited in my corporate account, if I don't pay them back, can they ever hold me personally liable (garnish my wages, get a judgment again me personally or anything else on a personal level)?

2. Can they ever touch my personal credit score because of the delinquent debt?

Any assistance would be great. I guess I'm not fully clear on the personal protection I'm given because it's my corporation that owes the money.

Emily