Potentially, yes. You can go after him individually if he's not observing corporate formalities. But you wouldn't necessarily want to -- his corporation probably has more money.
I'd consider a suit for the amount owed.
This answer is intended as informational only, and does not constitute legal advice or form an attorney-client relationship between us.
A collection attempt by a lawyer may prove to be a cost effective approach.
Louis T. Wierenga Assisting in mitigating your business and tax risks. www.LTWLAW.com E Ltw@LtwLaw.com Twitter @LTWLAW The information provided is for general purposes only and should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.