What is the name of your state (only U.S. law)? North Carolina
I am building a new 2.8 million dollar Express Carwash and my brother borrowed the money from his company in his name on an interest free 5 year loan. My wife left the house and marriage (walked out) December 1st while the wash was still under construction. We have been married since 2012 and this is the 3rd time she has left this year. I filed for separation on January 2nd after not hearing from her. Its still under construction now and I am expecting to open in 3 weeks. My question is I am paying my brother back from the profits of the company and then I will gain my share of 45% of the company. I have a prenuptial agreement in place for my assets before my marriage and monies and property I had before we were married however she has still not signed the separation agreement after 2 months and It makes me wonder. The company is an LLC . I was listed as an owner of 45% the day she left and we switched everything into my brothers name the day after she walked out. When she left we were 2.8 million in the hole and still under construction so all we have now is 2.8 million in debt and it will not turn a profit for at least another year. Does anyone know if or would she be entitled to anything knowing the loan is in my brothers name and we have not even opened yet? I do not get an equity stake in the company before I pay him back with profits from it. Thanks
I am building a new 2.8 million dollar Express Carwash and my brother borrowed the money from his company in his name on an interest free 5 year loan. My wife left the house and marriage (walked out) December 1st while the wash was still under construction. We have been married since 2012 and this is the 3rd time she has left this year. I filed for separation on January 2nd after not hearing from her. Its still under construction now and I am expecting to open in 3 weeks. My question is I am paying my brother back from the profits of the company and then I will gain my share of 45% of the company. I have a prenuptial agreement in place for my assets before my marriage and monies and property I had before we were married however she has still not signed the separation agreement after 2 months and It makes me wonder. The company is an LLC . I was listed as an owner of 45% the day she left and we switched everything into my brothers name the day after she walked out. When she left we were 2.8 million in the hole and still under construction so all we have now is 2.8 million in debt and it will not turn a profit for at least another year. Does anyone know if or would she be entitled to anything knowing the loan is in my brothers name and we have not even opened yet? I do not get an equity stake in the company before I pay him back with profits from it. Thanks
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