Legal Question in Business Law in Illinois
Business ownership
if me and my spouse own a business together and she is scared because of the debt but i am not can she sign off legally on the business and not be respoonsible for the any of trhe past debt?
Asked on 1/21/09, 7:42 pm
1 Answer from Attorneys
Re: Business ownership
You need to post a lot more information regarding the structure of the business and the type of debt, and whether there are personal guarantees before anyone can answer this question for you. Please supplement your post on Law Guru
Answered on 1/22/09, 10:01 am
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