Legal Question in Business Law in Virginia
family business and loans
My husband borrowed $1000 from his brother about a year ago and was told to pay it back when he was able to. About 5 months ago, my husband starting working for his brothers company full time and using his brothers truck as a work truck. My husband used about $393.30 from the $1000 to fix the work truck. About two weeks ago, my husband told his brother that he was quitting because we weren't making our bills with what his brother was paying him and the working hours were not set. So I just picked up my husbands last check, which was orginally for $771.50, but his brothers wife took out $606.70 (which was the remaining balance from the personal loan) out of his check leaving him $164.80. I just want to know if his brother was right taking out money to repay a personal loan out of his business check?
1 Answer from Attorneys
Re: family business and loans
A more basic question: Did your husband legitimately owe the amount that was apparently withheld from his paycheck or not?
If so, he'd be wise to let it go (in the interest of family harmony if nothing else).
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