Legal Question in Business Law in Ohio

Corporate debt or personal debt

Ohio legal services were performed in 1995 to defend a suit filed against the corporation and myself. All billing was done directly to the corporation with only a �c/o� referenced to me. All payments were made only from the corporation through 2001 until the corporation ran out of money.

2006 the firm is trying to collect from me personally.

1. Since services were only billed to the corporation, am I personally responsible because I benefited from the services rendered?

2. Does payment by one party extend the Statue of Limitations for both parties?

No statements were sent since 1996 until 2006. I thought the debt was satisfied.

Please help explain the legal issues involved.


Asked on 8/02/06, 3:52 pm

1 Answer from Attorneys

Re: Corporate debt or personal debt

It depends if there is a letter of representation that you signed personally. If you did not sign personally, then generally no liability. If there was no letter of representation used, then you have to look to the intent of the parties as to whom they were representing, you or the corporation or both. Most bar associations have a grievance committee that will mediate billing disputes.

Read more
Answered on 8/03/06, 11:52 am


Related Questions & Answers

More Business Law questions and answers in Ohio