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Old 09-10-2003, 06:06 AM  
theking
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Join Date: Sep 2002
Location: The good old USA!!!
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Quote:
Originally posted by EscortBiz
He can close shop and goodbye charly, the thing is he has to make sure that in all the contracts he signed he never was a co-signer for the company etc.

It wont effect his personal credit as in the 3 credit reporting agencies but anyone that will do a search on him on a court house level will see he had a business where he was the president or whatever that went bankrupt.

Many who have corporations just close shop without filing anything, just notify the IRS etc. that its over.
Sounds good.
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