Thread: Money Buying out a Business Partner?
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Old 12-02-2012, 11:04 AM   #89
Amnorix Amnorix is offline
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Join Date: May 2003
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Quote:
Originally Posted by Mosbonian View Post
NOt sure why you would want to hire a CPA to charge you for something you are probably already aware of.....there is little value in the business.

Hiring CPA's or Attorney's in something like this are just added expenses that aren't needed. It's like watching a Chapter 7 proceeding as Attorney's and CPA's pay themselves from the proceeds of the estate and whittle away what little assets that are left only to tell everyone there are no assets available.

** Apologies to Amonorix and any other Attorney's along with an CPA's on this board. Guess I have had to sit on too many Unsecured Creditor's Committee's lately.
I'm not a bankruptcy attorney nor a CPA, but I definitely understand where you're coming from. I do alot of bank work (though not DIP financings) so I see the end result sometimes.
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