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

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.

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Answered on 12/04/08, 8:01 pm


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