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  1. #1
    Law Curious
    Join Date
    Oct 2010
    Location
    Hamilton, NZ
    Law Forum Posts
    1

    Default Still liable for money-back guarantee if company closes?

    If my company sells a product with a money back guarantee and my company closes, can the company still be liable in any way for all those refunds (if customers do choose to return products & request refund)?

  2. #2
    Law Curious
    Join Date
    Oct 2010
    Law Forum Posts
    1

    Default

    Hi

    I think the moment you hear that your company had failed to refund,the consumers have to seek protection under bankruptcy.They have to apporach local bankruptcy attorney to get the moeny back.

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