Corporation debt
Date: Wed, 12/15/2010 - 12:40
I received a call from this debt collector for my closed, incorporated business. Do I have to pay for this personally? The company is closed with no available cash.
Hi! Welcome to the forums! Ask them to validate the debt first.
Hi!
Welcome to the forums!
Ask them to validate the debt first. If they are not able to validate the debt, then send a Cease and Desist letter and request them to not disturb you again. However, if they are able to validate the debt, then you are still personally responsible for the debt. You may negotiate with the collection agency for a repayment plan. Don't get panicked. Just try to settle the debt with the collection agency.
As Nelly has suggested, you should ask the debt collector to val
As Nelly has suggested, you should ask the debt collector to validate your debt in writing by sending them a debt validation letter. If they can validate your debt and if it is within the SOL period, then you may have to pay the dues.
