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closing company (legal situation)

  • 21-09-2011 5:50pm
    #1
    Registered Users, Registered Users 2 Posts: 112 ✭✭


    i have a small business in which i made no money, in fact it cost me money so i'm closing it down. i owe one company €2,500 (€500 of which I am in contention with them over). All i have left in the business account is €1600.
    If i was to pay them the €1,600 and close the business will the debt just be written off or do they call in a liquidator?
    i don't want to have a company that went into liquidation so if that was to happen i would just pay out of my own pocket but I will also have to pay an accountant for this years accounts and to close the business and I don't want to lose any more money on this.



    any help would be greatly appreciated.


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