Comment on [deleted]
cricket97@lemmy.world 8 months agodo you think buying a company with debt makes you personally liable for said debt?
Comment on [deleted]
cricket97@lemmy.world 8 months agodo you think buying a company with debt makes you personally liable for said debt?
dustyData@lemmy.world 8 months ago
As the owner, if the company is in debt, it won’t stop being in debt if the title of ownership changes. And you will have to respond to make sure the company serves their debt.