Will business debt accumulated under a sole proprietorship EIN number be assigned to my personal (SSN) credit?
If I owe a creditor money for an internet service bill from my failed BUSINESS venture, will it show up on my PERSONAL credit report?
The original creditor (and now collection agency) has my sole proprietorship EIN number on the account and my business name as the "name" of the account owner.
Neither my real name nor SocSecNum are tied to this account. I don't think the creditor/collector has either pieces of this information.
If I have no interest in protecting the credit rating of my business name and EIN, should I even bother paying this bill?
I only wish to protect my PERSONAL credit, not my business' credit. The business is now defunct anyway. I can always file for a new EIN number if I get another business going, right?
As long as you never signed anything guarantying the debt of your failed company? You should be fine.
As long as you never signed anything guarantying the debt of your failed company? You should be fine.
References :
In business for myself twice.