Legal Question in Business Law in Ohio

I owned an S Corporation for 12 years, closed it this year. I had signed personally on a loan which is now in default. They have sent documentation that they are filing a lawsuit against me. The defunct company owns no property and has no assets. I own other companies that own property. Are these companies protected if I am the owner of these companies? Please advise. I would prefer to work out a settlement with them. Is this possible?

Asked on 1/16/10, 11:20 pm

1 Answer from Attorneys

Vaseem Hadi Rendigs, Fry, Kiely & Dennis LLP

I would like to see the company's start-up docs. My office handles these types of small business matters regularly. Please contact me for a free initial consult.

Vaseem S. Hadi


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Answered on 1/22/10, 9:11 am

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