Legal Question in Business Law in Georgia

I sold my small sub shop to someone. However, the utility company failed to close my account and continued to provide services to the new owner under my account. The new owner gave them 4 bad checks under my account with now an outstanding balance of $2000. Who is liable? Who will be prosecuted? This occured in the county of Gwinnett, GA, Thanks ofr your help!

Regards


Asked on 10/22/10, 6:20 pm

2 Answers from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

You left out the one important fact. What did you do to close your account and what proof do you have?

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Answered on 10/27/10, 6:29 pm
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

It will depend on the terms of the purchase agreement, but it is most likely that the buyer will ultimately be responsible for the costs. However, to protect yourself, I would recommend paying the balance and then pursuing compensation from the buyer.

If you would like to discuss any issues further, please feel free to contact my office. The link to my contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

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Answered on 10/28/10, 6:37 am


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