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Business buyer borrowed money on sellers name

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Farhan

New member
What is the name of your state? Victoria
I sold a business. The buyer did not transfer the name but continued operating in my name. Then the buyer borrowed money in my name and closed the business. Now the money lender is after me. What should I do?
 


quincy

Senior Member
What is the name of your state? Victoria
I sold a business. The buyer did not transfer the name but continued operating in my name. Then the buyer borrowed money in my name and closed the business. Now the money lender is after me. What should I do?
FreeAdvice addresses US law questions only. Sorry.
 

LdiJ

Senior Member
What is the name of your state? Victoria
I sold a business. The buyer did not transfer the name but continued operating in my name. Then the buyer borrowed money in my name and closed the business. Now the money lender is after me. What should I do?
You should probably get the police involved...in whatever country you are in.
 

quincy

Senior Member
More facts would be necessary .. this if we answered questions from other countries, which we don't.
 
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