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lwpat
lwpat, Attorney
Category: Business Law
Satisfied Customers: 25386
Experience:  Attorney with over 35 years of business experience.
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If my LLC is unable to pay a bill for services rendered, and

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If my LLC is unable to pay a bill for services rendered, and they send it to a collections agency, will my personal credit be affected?
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If the bill is to the LLC only and you did not sign a personal guarantee, then it should not be placed on your personal credit report and will not affect your credit. However, if you did sign a personal guarantee, often found in the fine print, then it can be placed on your report.
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