My question involves business law in the state of New Jersey. My business is a closely held C Corporation. I am the sole stockholder.
I will be closing my business. If the business is closed and there are no longer any assets would I have personal exposure for potential legal claims? If so, what kind of insurance would cover that risk?
I will be closing my business. If the business is closed and there are no longer any assets would I have personal exposure for potential legal claims? If so, what kind of insurance would cover that risk?
Business Ownership: Personal Exposure for Debts After Closing a Business
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