Sunday, August 7, 2011

Can the lawyers still go after my ets if I have closed down my company?

I was in a car accident and I was at fault. The other guy was injured pretty good. I had insurance and they covered as much as they could on my policy. The problem is the car itself was registered under my Dad's company. It wasn't a company car though. Now they are going after the company. At the time of the accident the company was a partnership, but now they switched it to an LLC. The company doesn't really make any money anymore. What will happen if we just close down the company.

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