Hi
I bought a small business earlier in 2015. It now appears that the sellers (husband and wife) provided the financial statements for their trust which included income not relevant to the business they sold me.
I am now facing bankruptcy because the revenue projections based on the financial statements provided by them were unrealistic. The sellers are my landlords and just keep telling me they always had money to pay the bills when they owned the business, they don't know what I'm doing wrong.
Do I have any rights under in this situation?
Cheers
I bought a small business earlier in 2015. It now appears that the sellers (husband and wife) provided the financial statements for their trust which included income not relevant to the business they sold me.
I am now facing bankruptcy because the revenue projections based on the financial statements provided by them were unrealistic. The sellers are my landlords and just keep telling me they always had money to pay the bills when they owned the business, they don't know what I'm doing wrong.
Do I have any rights under in this situation?
Cheers