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If an LLC closes its doors, must it still pay its debts?
1. If an LLC closes its doors, must it still pay its debts?
We provided security guard service to a restaurant and are owed a few thousand d
dollars. We just found out the restaurant is closing. If its an LLC, must they s
till be required to pay or can they get out of it? They did not file for bankrup
tcy, but, rather were forced to shut its doors because of a court case relating
to the fact that they weren't allowed to have a club near a residential facility
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