question category: Misc. Debt

If my limited company is disolved can I still be chased for debt, no personel guarantee
Submitted on: 21st Jul 2010 by Non-Member | Total Answers: 1

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Re: If my limited company is disolved can I still be chased ...

A Limited Company exists in it's own right. The company finances are separate from the personal finances of the owners unless they have given personal guarantees. As you have not given any such personal guarantee then you cannot be pursued personally for the debt, the company will be liable for the debt.

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Submitted on: 28th Jul 2010 by Justine Member

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