Legal Question in Business Law in Florida
We are dissolving an LLC and have back rent. Are we as the owners personally responsible for the debt or is the LLC responsible?
Asked on 9/09/10, 10:18 am
2 Answers from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
It primarily depends on whether you personally guaranteed the lease.
Answered on 9/14/10, 10:55 am
Leon Ferraez
Ferraez, LLC
Also, you need to consider what your Operating Agreement states and/or the balances in the equity accounts.
Answered on 9/14/10, 12:52 pm
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