If I’m an S-corp and signed my personal name for suppliers to operate my failing business, when I close the doors since this is an S corp can they come after me personally?
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If I’m an S-corp and signed my personal name for suppliers to operate my failing business, when I close the doors since this is an S corp can they come after me personally?
Asked on December 11, 2012 under Business Law, New Jersey
Answers:
eric redman / Redman Ludwig, P.C.
Answered 11 years ago | Contributor
if you signed personally on the LLC debts, then they can come after you. pay or file bankruptcy are options
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