So, hospital #1 files bankruptcy, hospital #2 buys them out...and hospital #1 is no more. Am I obligated to pay collections hired by hospital #1? I assume that with hospital 2 buying them out that hospital 2 also bought the debt associated with the business. Is this debt somehow absorbed by hospital 2 in the form of tax returns? Absolutely no one knows what the services rendered were. I am confused as to how I approach this. Do I blindly pay them? If services were rendered by hospital 1, am I under some sort of contractual clause with hospital 2 in regards to paying the bill?
Make them provide you with any documents you signed which indicate your indebtedness. Most go away after that request.
I earn income by working in a direct marketing company. 1) Can I form an s-corp for myself and use my income from my DM Co. and claim it as income for my s-corp, while only "payig myself" what is needed for my own personal expenses? If the DMCo. gives me checks under my name, can I claim it as income for my s-corp, or would the checks have to be make out the the s-corp?
2) In the future, am I able to claim other forms of income (working in a theatre company, rent from tenants, investments) as forms of income for my s-corp?
Thank you.
