Legal Question in Business Law in California
is a spouse legally responsible
is a spouse legally responsible for creditors of a business that was a sole propritership.
4 Answers from Attorneys
Re: is a spouse legally responsible
A spouse's interest in community property is liable for community debts (i.e., debts incurred during the marriage). A full answer to your question requires an analysis of (a) when the sole proprietorship operated and incurred the debts, (b) the dates of the marriage, (c) the nature of the spouse's interest in her property.
Re: is a spouse legally responsible
A spouse's interest in community property is liable for community debts (i.e., debts incurred during the marriage). A full answer to your question requires an analysis of (a) when the sole proprietorship operated and incurred the debts, (b) the dates of the marriage, (c) the nature of the spouse's interest in her property.
Re: is a spouse legally responsible
A spouse's interest in community property is liable for community debts (i.e., debts incurred during the marriage). A full answer to your question requires an analysis of (a) when the sole proprietorship operated and incurred the debts, (b) the dates of the marriage, (c) the nature of the spouse's interest in her property.
Re: is a spouse legally responsible
A spouse's interest in community property is liable for community debts (i.e., debts incurred during the marriage). A full answer to your question requires an analysis of (a) when the sole proprietorship operated and incurred the debts, (b) the dates of the marriage, (c) the nature of the spouse's interest in her property.
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