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gdurst111
Jul 12, 2010, 06:11 AM
I had a business in SC it was an S type corporation we were evicted for back rent our business stopped we closed down the business. And dissolved the Corporation.

Am I and my Partner still liable for the past due rent and other bills that occurred from our now closed business?
Regards,
George

excon
Jul 12, 2010, 06:23 AM
Hello G:

If the bills were accrued in the name of the corporation, the corporation is responsible - not you. That would be unless you signed a personal guarantee, and many creditors make the owners of shakey corporations do that.

excon