Legal Question in Credit and Debt Law in Texas

Can an individual be held accountable for the debt of a spouse incurred in his/her business (corporation) if a legal judgment has been issued to the individual and his/her partner?


Asked on 2/08/14, 9:09 am

1 Answer from Attorneys
Mark Dunn Mark D. Dunn

No.

A debt is a contract. You were either a part of the contract (i.e., you made a promise in exchange for consideration) or you weren't.

The exceptions are debts that my spouse incurs for NECESSITIES: food, clothing, medical treatment.

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Answered on 2/11/14, 7:05 am


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