If you owe money to a business and then the business is sold then who do you still owe that money to the original owner or the new owner?

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1078767

2026-03-25 19:10

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If a business is sold, generally, any debts owed to the original owner transfer to the new owner as part of the sale agreement. You would still be responsible for repaying the debt, but now to the new owner. However, the specific terms can vary based on the sale agreement, so it’s advisable to review any documentation or consult with legal counsel for clarity.

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