Maybe. Depends on the account and the receivables.
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Perhaps, but only if those are classified as short-term receivables that one can convert into cash in a year or less. (Current asset = one that can readily be converted into cash if need be, in one year or less.)
Behar Intl. Counsel 619.234.5962 Kindly be advised that the answer above is only general in nature cannot be construed as legal advice, given that not enough facts are known. It is your responsibility to retain a lawyer to analyze the facts specific to your particular situation in order to give you specific advice. Specific answers will require cognizance of all pertinent facts about your case. Any answers offered on Avvo are of a general nature only, and are not meant to create an attorney-client relationship.Ask a similar question
Maybe. Depends on the receivables, the accounts, the duration and the ownership of the business. If you're going down this road, work with a lawyer.Ask a similar question