Small Business Loan Default Bankruptcy Small Business Loan Responsibility Question?
Small Business Loan responsibility question? - small business loan default bankruptcy
When I signed personally I am a small business loan and sell the company that the loan for which I still owe on the loan if the buyer or goes bankrupt?
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3 comments:
A real credit card business is a line of credit will be decided in the name of the company, under the credit activity. Activity, whether good or bad is your business "reflects credit report on D & B and other financial institutions and the responsibility for debts and bills owed is with the business.However some companies are offering," calls "for credit guarantees for the person . These institutions often require a personal guarantee, and almost always ask for a Social Security number of the applicant for the card. If this is done, the credit card will not have a credit card business, but it's just a credit card for business use. The company is not liable for bills and debts - you are.When for a credit card for your business, watch out for areas asking for your Social Security number (not your taxid or EIN) and with each card carefully credit that require a personal guarantee. By ensuring that your Credit is the name of your company can help you build your business credit,the emergence of problems with you.
Many companies offer a list of credit cards that are issued under the brand name only. Those lists typically run 300 - $ 900, depending on the quality of research information. I suggest starting your search online through Google or Yahoo. Search for "strong business development loan" (as in the quotation marks) for information on selling services.
Good luck,
Ilya Bodner
Small Business Owner
Subscription initial group
Go to the bank for it. They have papers to the division of responsibilities for the loan, the buyer is willing to have their debts with their assets, the discharge.
It is the loan with the proceeds from the sale of the company to pay - I doubt if the buyer wants to take the credit, because they personally signed
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