Is spouse liable for business debt?
If your spouse incurred a business debt for his or her business, you are usually not liable for that debt unless you also cosigned or guaranteed it. However, if you jointly own the business as a general partnership, you are responsible for all its debts.
Is my spouse liable for my student loan debt?
If you cosigned on your spouse’s student loans at any time, whether they’re federal loans, private loans, or refinanced loans, that means you are legally liable for those student loans. If your spouse dies or is otherwise unable to pay back their loans, the lender will look to you to pay them back.
What to do if PPL PRS goes bust?
This is geared up so all the business pay now and some may go bust so PPL-PRS have had their money!!! Do what we did, cancel the contract now & renew when you start trading again. Thanks for the help PPL-PRS. A music licence mafia shakedown… A music licence mafia shakedown business.
What are the different types of revenue on the P & L?
The main categories that can be found on the P&L include: RevenueSales RevenueSales revenue is the income received by a company from its sales of goods or the provision of services. In accounting, the terms “sales” and “revenue” can be, and often are, used interchangeably, to mean the same thing.
How much does PPL PRS Ltd charge per day?
I am paying what works out to be over £100 a day! PPLPRS are an organisation that can charge any business that has any equipment that could but may not play music in a non-domestic environment a licence fee for playing music. This year the licence fee has increased and without warning the invoice have been issued a month early.
What happens if your business predates the marriage?
If your business predates the marriage, it will likely have a separate property part to it. What that separate property part is depends on several factors. A few are: How long before the marriage the business started? What the assets and profitability of the business was before the marriage?
When do you think your wife is entitled to half of your business?
When thinking about your business and whether your wife is entitled to half, nothing at all or something in between, you have to get intensely logical and leave the emotions at the door. Before you do anything foolish, take a step back and realize you may be over your head.
Why did Bill de Blasio get a spousal sinecure?
It was honorable “work,” it didn’t cost very much and it filled up the spouse’s free time. But this is 2019, and the general feeling — at least in the de Blasio administration — is that if there’s not a lot of dough attached to the spousal sinecure, it doesn’t really matter enough.