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      S Corp - Closing business, o/s lease, no personal gurantee - help?!

      What is the name of your state?After 28 years in business, my father-in-law's Art & Frame shop is losing money. He is unable to sustain his overhead and has decided to liquidate and close the business at Jan-end. He still has 1.5 years left on his current lease (renewed 5 yrs ago or so) and his...

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