My question involves business law in the state of: Texas
Last year, I along with 2 other people started an event planning company. We had our first event, and hired several suppliers...including a draping company. Due, to circumstances beyond our control...the event was a huge flop. We lost thousands of dollars, and unfortunately had only one outstanding debt remaining for $1500 to the drape company. The company was closed, including our po box and bank account. Unfortunately, we completely overlooked the remaining debt to the drape company, and apparently they continued to send notices to our closed po box. Last month, we were reminded of the debt when the police (6 cars to be exact) arrived at my job and arrested and handcuffed me for grand theft. Later, upon being booked..I found out that the company had issued a warrant for my arrest and that because the debt was over $1500 it is a felony. NOW I have to go to court, hire an attorney, and hopefully get this debt expounged from my record. What is my recourse in this situation?? The company is an LLC and I thought that I was protected? Please help? I need some legal advice on how to proceed. I will be going to court the end of the month and really don't have the extra money to try to settle the debt AND pay the high attorney fees? I just want to know what options I have at this point.

