
FAQs Video
What is an “alter ego” as it relates to collections
Q.What is an “alter ego” as it relates to collections
A.
An alter ego is a shell or a sham set up for an improper purpose to avoid a creditor or creditors. Basically, from a collections standpoint, the attorney will want to see if the debtor has moved funds or assets over to the sham entity as a way to avoid creditors.