Would filing bankruptcy for business affect my personal property? Also, how can I do that being co-owner of business? Wouldn't Dan have to agree to it to?
Another thing....Dan wanted me to sign a quit claim, yet never mention it to Bill. Would a quit claim have to be approved by Bill or no?
Just trying to be as informed as possible!
Actually I've known him for 28 years. He was always sound, level headed, etc. We thought doing a business would Be good idea. Apparently once we started making good money, he thought it was owed to him he get any profit because he's the male. He became where he thought he was entitled to...
No. Thats a different situation though involves the same person. :/ Ok...I'll try to explain. I signed a land contract with Dan on a property being sold by...let's call him Bill. Its a 10 year land contract, filed with a title company and the township. I had the previous posted situation...
I'm in Kalamazoo county. I have a 10 year land contract that I signed w another person. What does signing a quit claim deed mean for the one signing it? Is a quit claim even recognized on land contracts?
Thanks.
Our business is not an LLC. We just did a DBA. His name was on the land contract.
As far as him "cutting me out"....maybe I worded it wrong. I signed off as a responsible party for 2 of our business transactions/properties. But we still hold the DBA together. But I don't do any more...
Hi - I have a DBA business with someone. I put up the money for the deposit for the land contract office building, office supplies/furniture and I also paid the monthly rent as well as the monthly bills (electric and gas) that went with it. I/we were unable to get financed at the end of the...