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    japjr3's Avatar
    japjr3 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 30, 2010, 08:25 AM
    I'm bieng sued but its not my debt I sign contract as a representative of this company
    I'm bieng sued for a past due debt for a company I was representing. I now own this business under a different company but keep getting stuck with bills from prior owner
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jun 30, 2010, 08:34 AM

    If you signed for a debt in any capacity representing the debtor. You can be held liable for the debt.

    If you subsequently purchased the company, the contract should specify your responsibility for any debts.
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