What is the name of your state (only U.S. law)? FL
Hi,
I had a small online scrapbooking biz & was formed under an LLC. I had signed a contract w/AT&T for advertising for 1 year. Closed the biz when the market went down & continued to pay the monthly advertising until 8/09. No more $ in the biz account & now I'm past due by 2 months & they are ready to turn me to collections. Question is: am I obligated to pay this advertising personally since the biz is closed? If I need to pay it, then I will, but if a business is defunct I need to cover myself & not pay it.
Thanks for any advice you can provide me.
Jan
Hi,
I had a small online scrapbooking biz & was formed under an LLC. I had signed a contract w/AT&T for advertising for 1 year. Closed the biz when the market went down & continued to pay the monthly advertising until 8/09. No more $ in the biz account & now I'm past due by 2 months & they are ready to turn me to collections. Question is: am I obligated to pay this advertising personally since the biz is closed? If I need to pay it, then I will, but if a business is defunct I need to cover myself & not pay it.
Thanks for any advice you can provide me.
Jan