debtscrewed

4 ms·

1.
by debtscrewed 16y ago
That's good to hear. I'd like to pay this lawyer in full for his services (retainer minus un-used retainer balance). I don't like screwing people over, even if they're expecting it to be a percentage of their clients that do that. I don't w
2.
by debtscrewed 16y ago
That is a good idea, but my credit sucks so it might not be the best option to go with. Though it would help my credit tremendously, huh?
3.
by debtscrewed 16y ago
Wow, that is fantastic. What kind of long-term effects happened? I'm guessing he would never be getting account with Rackspace in the future.
4.
by debtscrewed 16y ago
Yes, it is. I'll try to talk with them. Corporate. Incorporated in Delaware. Thank goodness. I'll try to see if they're good with the payment. I'm just not... like that, though. I'm not one of those guys that can call up Rackspace and be li
5.
by debtscrewed 16y ago
From Visa/Mastercard through the merchant account. My SSN is listed as the account owner.
6.
by debtscrewed 16y ago
Thank you. a) Yes, and I'm dealing with a startup lawyer, at a very well-known Silicon Valley law firm (this is when we had money). He's been very very patient with our lack of being able to pay the retainer. b) Through the corporation. It'
7.
by debtscrewed 16y ago
Thank you very much. What's more is that I'm quite well known on Hacker News—not as much as patio11 to have an article written about him, but enough that a good amount of people I meet that read Hacker News say that they know me. Which make
8.
by debtscrewed 16y ago
It's a C-Corp. (Edited: made an error and said S-Corp earlier) I'm not 100% familiar with bankruptcy, but I'm assuming it'd damage my name as well as my co-founder's, as well as going into stuff I don't want to get into (court, etc.) Rather
9.
by debtscrewed 16y ago
It is a limited company, and it's registered under a Delaware C-Corp. I'm not familiar with the details of bankruptcy either. Will this damage my name and the name of the company? Well, I'll probably be the guy named in bankruptcy, since my
10.
by debtscrewed 16y ago
Thank you for your suggestion. The only reason I wouldn't do that is because Rackspace was very adamant about even the extension of the deadline (they would only agree to a 5-day extension). But it doesn't hurt to ask, though it may create
11.
Ask HN: My startup failed. $9k in debt and need to pay most of it in 12 days.
180 points by debtscrewed 16y ago|157 comments