How much can owning part of a liquidated company affects my credit score?
As part of my employee compensation when I started working for a small startup, I got 5% of the shares. The company didn't make it and the founder wrote me to tell me that he's going to liquidate it, and that this will affect our credit score in Germany.
I guess it means it will appear in my Schufa Bonitätsauskunft (liquidity report) and that kind of things. How bad is it really for me? Could this credit score be transfered to other (EU) countries?
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In general No - owning shares of a limited company that is in liquidation should not impact your credit. However it would depend on the specific legal structure and what specifically is happening.
For example: if you were a director of an English company that was allowed the company to continue trading when it couldn't pay its debts, you could be disqualified. If it was a partnership, you would be personally liable for the debts too.
A German bankruptcy lawyer should be able to answer the question more precisely based on your specific circumstances.
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