, Thank you question and welcome. My name is ***** ***** I will assist you. It will not put you or your property at risk personally. Under the Statute of Frauds you cannot be held liable distinct legal personality unless you accept in writing.
The only danger is you may have creditors knocking at your door and you will have to accept service of official documents, but they wont be able to hold you liable company's obligations under English.
If you are still worried about it, your son could just use and accountant as the correspondence address in the UK - they tend to charge about £500 plus VAT per year service.
Can I assist you any further?
Kind regards AJ
Thanks Alex. This is very helpful. I feel sure I will have further questions but am not sure at the moment. How long can we keep this chat open?
, Thank you. I can switch this to Q and A mode. It wont be in real time but I believe it should stay open few days. If you post points I will respond asap.
In the mean time any feedback is gratefully received. Kind regards AJ
Alex, If something went wrong with my son's business would it affect re-mortgaging my house. Thanks Rosemary