Am I responsible for collections against an S-corporation that is no longer in business?

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Am I responsible for collections against an S-corporation that is no longer in business?

Several years ago in the state of Illinois I owned 100% of an S-Corporation that I used for consulting work and myself as the only employee. I have since dissovled that corporation and re-located to another state.

Today I got a phone call for a $600 collection against that company. Am I responsible for payment at this point?

2006-07-03 03:24:49 · 1 answers · asked by Paul McDonald 6 in Business & Finance ➔ Small Business

1 answers

depends how long ago you desolved it. you should ask a lawyer just to be safe.

2006-07-03 03:29:10 · answer #1 · answered by hummingbird 5 · 3⤊ 1⤋