Leasing Software

We are going out of business , it is a corp. LLP . We have secured loans and leases for equipment……we signed the leases and loans as officers of the corp. Are we still personally responsible for these bills…….even if selling off assets wont cover all the bills. The leases are 4year non-cancellable leases , we have 3..We were in business only 9 months and now these lease company’s wants us to keeppaying off leases no matter what. even if we return the security system and P.O.S. sysytem . Obviously we have no money But they dont care Time Payment Inc. - Micro Financial They said they wouldnt even credit fair market value for the return of Equipment..would bankruptsy keep us from losing our home since we lost all our savings .P.S. we have equity in the home , but now are getting close to forecloseure since we are tring to find jobs …..what a mess ….i guess we picked the wrong time to chase the american dream.

Sorry a bit of a complex one! I owe about 7k and am with a debt management company paying 150 a month living on a very low wage and struggling. found out I have signed for nearly 200k of leasing equipment from a my employer before they went bust (which I didnt I signed as a witness with CID fraud at the moment) but the
leasing companies are still trying to get the money and will continue to try until they get it am in court on a regular basis fighting my case saying I didn tnot sign etcand so far some of them have put them on hold until cid have finishedbut the others are trying everything. My house is about 130k in 2006 but have a mortgage for 95k and 2 secured loans totalling 17k and a 7k fine if I leave my mortgage early. I have an 11yr old child and my partner has just moved in but is not on mortgage I have a car worth about 3k. Getting tired of fighting and need to be able to know if I am going to keep my house should I just file £350 and be done with it?Please someone help me finish this nightmare!