Legal Question in Business Law in Guam

If a company runs out of business can they still pressure customers for payment? The company told the customer that the insurance would cover the payments. They claimed that it would be covered but then later found out that they didn't claim. They ran out of business and are harrasing customers for payment.


Asked on 7/10/10, 6:18 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

Any attorney will say you need to provide a bit more detail in order to answer your question. What do you mean they ran out of business? How does the insurance factor into the picture and what kind of payments are you talking about? Repost your question or consult with an attorney in your area for specifics.

Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise

Franchise Attorney

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Answered on 7/10/10, 9:31 am


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