Legal Question in Credit and Debt Law in Texas

can a bank manke owners pay off debt on corporation that was closed down


Asked on 6/13/11, 10:03 pm

1 Answer from Attorneys
Greg Wiley Law Office of Greg Wiley PLLC

If the owner has personal liability they can. Otherwise,it is far more difficult. Oftentimes, small business owners have a personal guarantee.

Best of Luck

Greg

www.dallas-fortworth-bankruptcy.com

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Answered on 8/15/11, 11:44 am


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