 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Can my personal creditors sue me for my stake in a General Partnership?
Me and five other friends are considering forming a General Partnership for a multimedia production company. We are planning on splitting everything evenly between each other and are planning on getting a business bank account. I personally have five or six accounts that are currently in collections and my question is this: Can my personal creditors come after my 16% or so stake of "ownership" in this General Partnership and sue for money out of the business bank account?
I live in Ohio. |
||||
Check out some similar questions!
In a general partnership, each partner is individually liable to creditors for debts incurred by the partnership, to the extent of the partner's captal balance. True or False
I have a partnership business ( grocery store). Gen partner who runs daily business activities is engaging in some suspicious activities such as manipulation of incomes, sales as accountant is his close friend and won't talk to anyone other than him. I asked to change accountant because facts are...
Can creditors sue you for non payment in the state of Texas? I had heard that they cant.
I filed for bankruptcy in December of 2007 and finally received a discharge letter from the court couple of weeks ago. But I now am receiving summons from attorneys representing my creditors(credit card banks). My question is, do I still have to respond to summons even though I already received...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
