Hello,
I'm selling a business (assets), and I just learned that some judgement search and liens will be done.
Are these search under my personal name or under the business name?
Thank you.
Answer
Good Afternoon,
Usually when selling a business the searches will be done on your business and personal. Depending on the business attorney doing your business closing, they will be able to make the judgment on whether it affects the said business. Most of the searches that will be done are public searches such as UCC liens, Federal and Florida Judgment Lien Searches, etc.
I do recommend if you do not have an attorney, to contact a Business Law Attorney who has conducted Business Closings before.
I hope this helps.
Thanking you,
No comments:
Post a Comment