Legal Question in Credit and Debt Law in California

what happens when the judgment creditor (a business) is closed? Business license revoked?


Asked on 12/07/11, 2:14 am

1 Answer from Attorneys

Your question is a little confusing. Are you a debtor? The business license revocation probably doesn't mean anything. If the business is out-of-business you probably don't have much to worry about, unless it goes into bankruptcy. The debt doesn't go away just because they close their doors, if that is where you are going.

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Answered on 12/07/11, 7:48 am


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