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brownbag
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yes there was. The contract of sale says that the purchaser does not assume any debt, liability or obligation of the Vendor, whether known or unknown, fixed or contingent. As the vendor paid us the amount she owed to her customers, we’ve been paying it to those who requested, but we have no obligation to do so, so at a certain time it could be written off.
Of course, my question is related to the fact that for tax reasons we may want to put off writing it off and if so, do we have a right to do this, or do we need to declare it, since we have no obligation to pay this debt?