sittinpretty
Junior Member
What is the name of your state? MICH
I am going through a divorce. My STBX wants to use my in the red business as a bargaining tool in hopes of keeping his 401k. I am a sole proprietorship and he has not contributed to my business at all. I have no employees and my business production is 100% dependent on me. I am the only asset. How can he determine a value when my bank account is overdrawn and I pretty much have been too stressed out to market the business and therefore make any money?
I am going through a divorce. My STBX wants to use my in the red business as a bargaining tool in hopes of keeping his 401k. I am a sole proprietorship and he has not contributed to my business at all. I have no employees and my business production is 100% dependent on me. I am the only asset. How can he determine a value when my bank account is overdrawn and I pretty much have been too stressed out to market the business and therefore make any money?