Legal Question in Business Law in Texas

Debt owed without any written agreement

Hi,

I have gone into agreement with my partner to start a business and to split the profit but without any written agreement, most of our communications is by email, and in my email I have admitted that I owe him some money. can he still take me to court and demand his money if there's any written agreement between me and him?


Asked on 4/01/09, 12:18 pm

1 Answer from Attorneys
Charles Williamson Charles J. Williamson, Attorney At Law

Re: Debt owed without any written agreement

Let me see if I understand this - you owe your partner some money and you want to know if you can not pay him because you don't have an agreement to be partners? Not having a partnership agreement is very negligent and dangerous. But, why would you want to cheat a partner?

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Answered on 4/01/09, 12:44 pm


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