| JHerald | 11-27-2017 05:32 PM |
Re: EBay Account Suspended Due To Business Closure
First of all, I am sad to hear about going out of business, I wish you the best of luck in the future.
1. Your business accounts with eBay are considered suspended, until the due amount is paid in full. Generally, the suspension is automatically lifted upon repayment.
You should consider paying the amount, as soon as possible, to prevent a referral to the debt collection agency Transcom or equivalent.
2. The person whose name is on the business account is prohibited from opening a new account whilst the others remain unpaid. Even if using a different name & address, your business details may link all accounts together, thereby causing only further distress when it becomes suspended and you lose profit from being unable to complete sales.
Generally, if your business is in deficit and going down the toilet, you should consider paying your debts and sorting out the issues first, which in turn allows you to begin a fresh start on eBay with your business identity and account ratings intact.
That being said, this is a stealth forum, so always consider other options, including selling on a personal account with stealth details or equivalent.
3. If your business PayPal account has been or is linked to the owing eBay accounts, linking it to a new eBay account will immediately tie a linkage and will cause issues for you. On the bright side, eBay and PayPal are now different companies, therefore owing funds to eBay should not, generally speaking, impact your standing with PayPal. | 
