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Parents Home at Risk
My question involves business law in the state of: California
My husband business closed. Collection peiople are calling already. If we end up in court or in bankrupcy, will the house my parents bought under my name, before I got married, be at risk of being lost to pay for part of the debt.
Josephine
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Re: Parents Home at Risk
Was a "corporation" or LLC set up to operate the business?? If it was, then the home should not be at risk.
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Re: Parents Home at Risk
No, it is a 76 gas station under my husband's name, not a LCC or corporation.:confused
Should I put the house under my brother's name to protect it?