Can a phone book company place a judgment on me personally for an unpaid balance from advertising if my business is incorporated?

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Can a phone book company place a judgment on me personally for an unpaid balance from advertising if my business is incorporated?

Asked on August 13, 2013 under Business Law, Florida

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

Typically no, they could not do this if the business is incorporated. They could, however, if either--

1) you personally guaranteed the debt; or

2) when signing the agreement/contract for the advertising, you signed in a personal capacity, and not in your capacity as an owner, executive, manager, etc. of the corporation.


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