Hi I dont know if this is in the correct section, if not sorry.
Situation: We had a client who owes us money for services provided over a number of months. The client sold his business, and the person who bought the business paid for any money owing after the period of the business sale.
According to them the client would pay what was owing previous to the sale. They have not paid even after months of saying they would (in writing).
Qu: We have been told by some people (including the client/business) that the client is the one who has to pay the debt owing, not the business. Others have said that it is the business who owes the money and not the client as the debts pass on with the business when it is sold. What is the correct answer??????
**the service we provided was for the business
Situation: We had a client who owes us money for services provided over a number of months. The client sold his business, and the person who bought the business paid for any money owing after the period of the business sale.
According to them the client would pay what was owing previous to the sale. They have not paid even after months of saying they would (in writing).
Qu: We have been told by some people (including the client/business) that the client is the one who has to pay the debt owing, not the business. Others have said that it is the business who owes the money and not the client as the debts pass on with the business when it is sold. What is the correct answer??????
**the service we provided was for the business