If it is a corporation, or limited liability company, the owner is not (and never was) personally liable for the debts or other obligations of the company.  Your recourse would be to sue the company - not the owner.  In rare cases, the business owner can be held personally liable - this is a concept known as "veil piercing." 

The laws may vary by state, but generally to pierce the corporate veil, you have to be able to show three things:  (1) the owner had control over the corporation that was so complete that the corporation had no separate mind, will or existence of its own, (2) control over the corporation was exercised in such a manner as to commit fraud or an illegal act against the person seeking to pierce the veil, and (3) injury or loss resulted to the person seeking to pierce the veil from such wrong or illegal act.

This is a pretty tough standard and the litigation could be quite expensive.  However, if fraud can be proven you might be entitled to attorney fees.  The problem then becomes, even if you win a judgment, can you collect it from the owner?  Practically speaking, you can't get blood from a stone.

This is just intended to be a general statement of corporation law - I have no knowledge of any particular facts or circumstances surrounding this particular company. 

Best,
Robert A. Franco
SOURCE OF TITLE