How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Alex J. Your Own Question
Alex J.
Alex J., Solicitor
Category: Law
Satisfied Customers: 3845
Experience:  Solicitors 2 years plus PQE
Type Your Law Question Here...
Alex J. is online now

Hi, the buyer of my business is asking to see my bank statements

This answer was rated:

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
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
Alex J. and other Law Specialists are ready to help you
Customer: replied 3 years ago.
Thank you, ***** *****