Family business filing for bankruptcy...how does this affect me?

JustJules

New member
It is a small family business owned & run by my husband, his brother, sister and mother. I have no involvement, nor any interest in the business.

The company has been in the crapper for years and is in debt (ergo, the bankruptcy).

What I want to know is how this affects me personally. Will my credit be affected through "guilt by association"?

I want to get a divorce, but I am unemployed and soon he will be too.

Do I need to do anything to protect myself?

Anyone?

THANK YOU!

This is a repost...no one is answering in the other section...
 
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