If a company I owe money to go into receivership do I still owe them money?
A company I owe a small amount of money to (less than 150 dollars) have not long gone into receivership. Do I still owe them money? Do I owe their creditors money?
I'm located in Ontario but your answer doesn't own to be Ontario specific. Site sources if you hold them.
Thanks.
Answers:
Your debt remains on your credit until rewarded. Their lawful position does not relinquish your legally recognized constraint to pay packet the debt, not withstanding your moral requisite. Receivership ability they are immediately partnered up beside a mound or third participant i.e. going to include their accounts receivables as powerfully as their assets during this length.
yes = someone else is probably buying the accounts receivable
You still owe them the money. To trademark matter worse, someone is very soon reviewing their accounts receivable and will be contacting you roughly repaying the debt.
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I'm located in Ontario but your answer doesn't own to be Ontario specific. Site sources if you hold them.
Thanks.
Answers:
Your debt remains on your credit until rewarded. Their lawful position does not relinquish your legally recognized constraint to pay packet the debt, not withstanding your moral requisite. Receivership ability they are immediately partnered up beside a mound or third participant i.e. going to include their accounts receivables as powerfully as their assets during this length.
yes = someone else is probably buying the accounts receivable
You still owe them the money. To trademark matter worse, someone is very soon reviewing their accounts receivable and will be contacting you roughly repaying the debt.