How Do I Keep My LLC? Importance of Properly Closing a Business
Seeking Advice on Closing Liability for Unpaid Debts Closing Procedures Owners should seek advice before closing properly. Missing a step means liability continues. Some owners close due to retirement or debts. Closing an insolvent business with unpaid debts is complicated. Assets pay creditors by priority. Owners remain liable for unpaid debts. When closing, owners file … Read more