We are in business for over 5 years. Now, we are not making sales due to saturation of the market. Default on rent, recieved an eviction notice. Business doesn't have the funds to pay. What happens in such case? How can I protect my personal assets such as homes and my car and all that?It is an Incorporation. Lease doesn't have a guarrantee.
Orignal From: I have a business (Inc.) that is not making any profit & has accumulated lot of debt. Am I personally liable?
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