The question
this area of manufacturing has slowed to much locally to carry on. largest and best customers have stopped using tools I produce small customer want my service still, but I'm to old to continue with health slipping. Company has $17,500. 00 in line of credit debt, both I and x partner signed personal responsibility forms at the bank. The company machinery has no market value will go at auction for scrap rate maybe a little above. Partner forced a buy out 5 years ago, has been paid off.company is a sub s corp, corp papers at old lawyer who I cant get hold of. with limited income payments will have to be scheduled.