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Alex J.
Alex J., Solicitor
Category: Law
Satisfied Customers: 3653
Experience:  Solicitors 2 years plus PQE
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Hi, the buyer of my business is asking to see my bank statements

Resolved Question:

Hi, the buyer of my business is asking to see my bank statements for the last 6 months. I don't feel comfortable for them to see my statements, and don't understand why they need this. Do they have a right to ask for this and do I have an obligation to share?
thank you
Submitted: 2 years ago.
Category: Law
Expert:  Alex J. replied 2 years ago.
Hi,
Thank you for your question and welcome.
My name is ***** ***** I will assist you.
If this is a limited company than you can perhaps consider disclosing the bank statements subject only to the buyer signing a confidentiality agreement.
If it is personal bank statements there is no obligation on you disclose them, unless you have contractual obligation to do so.
Can you give me any further details?
Kind regards
AJ
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Customer: replied 2 years ago.
Thank you, ***** *****