Bankruptcy of a corporation
December 21st, 2009 by Questions
I have a question around bankruptcy of a business where the principal directory and 100% shareholder has died.
How should I go about closing this business and what happens if he has given a personal guarantee on company loan?
He gave a guarantee on his house which is no longer under his name (it has been transfered to his wife) and he own no other assets.
Posted from: Ontario