Summary
Responsibility for a corporate contract typically falls on the corporation, not the individual officer who signed it. If you signed personally, you might be personally liable. Check the contract for personal liability clauses. If you lack access to the contract, formally request it from your former employer. Seek legal advice, especially if you are dependent on government assistance. Colorado Legal Services offers free legal aid to low-income residents.Full Conversation
if i was to sign a purchase contract as an officer of a corporation and then was fired who is responsible for payment?
Hi Jason!
The responsibility for payment typically falls on the corporation, not the individual officer who signed the contract. Here are some relevant points:
- **Corporation's Liability**: The corporation is generally responsible for fulfilling its contractual obligations, regardless of changes in its officers.
- **Officer's Role**: As an officer, you acted as an agent of the corporation when signing the contract.
Is there a specific concern you have about this situation, like a dispute or a demand for payment directed at you personally?
i also apparently signr
Hi Jason,
It seems like you're trying to say you signed something else as well. Could you please clarify what you mean by "i also apparently signr"? Did you sign another document or contract in a different capacity? This will help me provide more accurate information.
i apparently signed the contract personally as well, although personally there was no possible way i could qualify because of my personal credit score and amount of income
Hi Jason,
It sounds like you may have signed the contract in both a personal and official capacity. Here are some key points to consider:
- **Personal Liability**: If you signed personally, you might be personally liable for the contract.
- **Corporate Liability**: The corporation typically remains liable for contracts signed by its officers.
Could you clarify if the contract explicitly states personal liability?
i dont know, al terms of the contract were negotiated by my father/boss and i was instructed by him to go sign in his absense.
Hi Jason,
Thank you for the details. To better understand your situation, could you please check if the contract mentions any personal guarantees or clauses that hold you personally liable? This will help determine the extent of your personal responsibility.
i do not have access to the contracts i was fired and any further contact has ceased
Hi Jason,
I'm sorry to hear about your situation. Here are some general steps you can take:
- **Request Contract Access**: Formally request copies of the contracts from your former employer.
- **Consult with an Attorney**: Given the potential personal liability, it’s crucial to seek legal advice.
Would you like information on how to request access to the contracts or need help finding legal assistance?
i need help finding free legal assistance as i am dependant on government assistance to provide for my son and i.
Hi Jason,
I understand your need for free legal assistance in Colorado. Here are some resources that can help:
- **Colorado Legal Services (CLS)**: Provides free legal aid to low-income Coloradans.
- **Phone**: (*) *-*
- **Website**: [coloradolegalservices.org](https://www.coloradolegalservices.org)
Would you like more information on any specific type of legal assistance?
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