Friday, April 11, 2014

I will be legally separated at the end of March. My husband owns a business. He has a credit card in his name and in the businesses name. Am...

Question

I will be legally separated at the end of March. My husband owns a business. He has a credit card in his name and in the businesses name. Am I legally obligated to pay that debt if he chooses not to?



Answer

As a Franchise Attorney I can say the answer depends on a number of factors. The most important one Is this: are you named on any of the credit card accounts? Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation



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