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How do I collect money from a company that was bought by another company?

CaliforniaPayment Disputes

We completed a job for a company and now the PM for that company is saying they were bought out and they are not financially responsible for paying us.

4 replies

Sep 22, 2021
It doesn't matter that company A was bought by company B. If you have a contract with company A, no matter what person or entity owns company A, company A is responsible for its debts.
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Sep 23, 2021
It all depends on how the sale was done and once the debtor company refused to pay you should seek the assistance of a certified commercial collection agency to find out who is liable and collect you money due. This can be done on a contingency bases so you are not throwing any new good money after a bad account. If the agency is successful in collecting your money they only earn a small percentage. Let me know if you have questions how this can be done? Best regards, Steve
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