by Karin on April 28th, 2009

Karin

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I personally signed a credit application for my business, putting down my business EIN number and not my personal SS number. Now I am being sued for having taken over personal guarantee for unpaid business bills? Is that legal?

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  • by JakobA I^_^I the alooney on May 28th, 2009

    JakobA I^_^I the alooney

    When you buy a business you buy BOTH the assets and the liabilities of that business, so yes, it may well be legal.

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You're reading I personally signed a credit application for my business, putting down my business EIN number and not my personal SS number. Now I am being sued for having taken over personal guarantee for unpaid business bills? Is that legal?

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