Legal Question in Business Law in West Virginia
We went into a partnership for a ATV store. We took out a loan in our personal names and used the ATV shop as collateral. Just found out our partner never filed the papers and our name is not on the ATV shop. What do we do now?
Asked on 6/03/10, 7:14 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Your attorney question does not provide enough detail for an answer. Was there a written partnership agreement? What papers were not filed? What do you mean by "our name is not on the ATV shop?" Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 6/04/10, 6:18 am
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