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JGM
JGM, Solicitor
Category: Family Law
Satisfied Customers: 11554
Experience:  30 years as a practising solicitor. Partner in own firm.
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My husband has set up 5 ltd companies whilst I have been married

Resolved Question:

My husband has set up 5 ltd companies whilst I have been married to him. If I am not a director or guarantor of them and we dont have joint assests because my flat is in my name am I liable for any debt as not all of these
businesses are profitable?
Submitted: 2 years ago.
Category: Family Law
Expert:  JGM replied 2 years ago.
Thank you for your question.
No, you are not responsible for company debts for companies that you don't own or have guaranteed.
I hope this helps. Please leave a positive response so that I am credited for my time.
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Customer: replied 2 years ago.

thank you for confirmation

Expert:  JGM replied 2 years ago.
You're welcome.