Legal Question in Business Law in Illinois
s-corp has gone out of business?
Am I responsible for debt incurred whle my my company which was a s-corp has gone out of business?
Asked on 12/04/08, 6:35 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: s-corp has gone out of business?
If you did not persoanlly guarantee any debts and followed all appropriate corporate protocol you should be fine.
Answered on 12/04/08, 8:01 pm
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