What is the name of your state (only U.S. law)? Michigan
I am leaving a business partnership of 8 years. My business partner plans to continue to run the business. I did contact an attorney who advised me to immediately resign and to file an idemnification paper, which I did. I have one huge ($13,000) credit card that is in my name only. 1) is the resignation and idemnification enough to protect me in the future and 2) can my partner "not accept" the resignation and/or idemnification?
I am leaving a business partnership of 8 years. My business partner plans to continue to run the business. I did contact an attorney who advised me to immediately resign and to file an idemnification paper, which I did. I have one huge ($13,000) credit card that is in my name only. 1) is the resignation and idemnification enough to protect me in the future and 2) can my partner "not accept" the resignation and/or idemnification?