Entirely Legal
Entirely Legal
Out of context: Reply #13
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- NickInfozure0
The company is being fraudulent if they dont pay you, and they can be proved to be able to do so. It might take a while.... but what you are describing is not legal (but does happen).
Normally happens when new investors come in and they dont want to take on the liabilities or the credit record of the original company. Normally in this situation the investors or the founders will front the cash to clear the debts.