Legal Question in Business Law in Colorado

My husband was partners in an lp company, the other partner changed the ownership via internet when we found out he owed 185k to back child support. He let the state "close" the company name. We went in and started a company with the name but as a corporation. He now wants monies from our new accounts. Stating the good credit of the lp. Funny considering my husbands personal credit was used for all the credits for accounts. And mine. He ran up a hefty bill with a bank under my name. Just received a cease and desist letter. What do we do?


Asked on 10/15/11, 9:34 pm

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

I am sorry for the problems, but your post is not entirely clear about the facts. You say he �wants monies from our new accounts.� On what basis is he asking for this? Do you have an agreement that you are obligated for capital calls or other obligations?

How did this person run up a bill under your name? Did they have authority on that account as well? Was this fraud? More facts are needed.

In short, you really need to speak with a business attorney so they can review possible agreements and any discuss any rights and options you may have.

This answer is for informational purposes only and is not legal advice regarding your question. This answer does not establish an attorney-client relationship.

Read more
Answered on 10/28/11, 6:29 am


Related Questions & Answers

More Business Law questions and answers in Colorado