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Am I responsible for my husband's business debt?

Asked almost 3 years ago - Atlanta, GA
Business Business Debts Spousal Debt

My name is not on anything involved with this incorporated small business. Upon the closing of this business or his death, will I be held personally responsible for the company debt?

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Attorney answers (1)

Reputation Level 17
Answered almost 3 years ago. Debt / Lending Agreements Lawyer in Houston, TX.
I am not licensed to practice law in your state.

These comments are made for educational purposes only and do not constitute legal advice. No attorney-client relationship exists between us.

The purpose of a corporation is to protect the humans who own it. If you have no ownership, then you should have no liablity for its debts.
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