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I am a director, part shareholder and General Manager of a small company that is presently bankrupt. All of the bill of ladings and invoices from a certain creditor are in the company's name and my personal name.(for example: Sold To: ABC Inc. and John Dow) Althout there were no credit application made, nor where there any distinctive agreement of co-purchasor(i.e. co-deptor), this creditor is bringing me to court. He is asking full payment of the amount to the court, by way of judgement against me personally, can he do that? I have signed some bill of lading, but not all. Some bill of lading where signed by my employees, but the name of the company and my name are on them. Does this make a difference? All the invoices were sent to the adress of the company not my home adress. Does this make a difference? In the past, I never paid this creditor with my personal money. What is the difference between signing in Personal Capacity or signing as a director?
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