Good afternoon. If the loan was in the name of the LLC and was signed by you as President of the LLC, the only risk is to the LLC, not to any individual owners of the LLC. The lender and the collection agency can pursue only the LLC and any assets distributed from the LLC when it was dissolved. You have no personal liability for this.
With regard to the collection agency, a recipient of such contact from a collection agency would want to send them a certified, return receipt requested letter explaining the recipient has no liability for this debt and demand they immediately cease and desist all further efforts to contact the recipient and/or anyone else to collect this debt. The recipient would inform them that any efforts to do otherwise will constitute a violation of the Fair Debt Collection Practices Act and that each and every violation would be reported to the Federal Trade Commission. Each violation carries at least a $1,000 fine, so this should be the end of the problem.
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