No, unless she were a co-owner of the business or a co-borrower of cosigner of loans that were business related. A creditor might try to hold a spouse responsible if the couple reside in a community property state. In such circumstances the non owner spouse might wish to consider using an "innocent spousal defense."
business failed 2008-2010
In my opinion, the main failure for a business is being of a poor management with less/wrong knowledge or inexperienced manager, who can not manage effectively and does not have on time planning and lack of monitoring and control also lead business to be failed. So business needs a very strong management with responsible and qualified manager and workforce, clear guidelines for each step and all the processes...
It there any posibility that a lodging industry failed?
Yes, it can make a difference. If the credit card was used for business expenses related to a failed business, the payments or transactions associated with it may still need to be reported on a 1099 form if they meet the reporting thresholds. However, if the business is no longer operational and no income is being generated, it may affect how income and expenses are reported for tax purposes. It's advisable to consult a tax professional for specific guidance based on your situation.
The best way to place a business on COD is to make sure that you give the business a 30 day notice. You don't want to lose a customer because you failed to properly notify them of the change.
Massachusetts was founded by the people that owned Massachusetts Bay Company. This company was a business venture by a group of Englishmen. It was also another venture for Dorchester Company that had at first failed in the Colonies.
It was their response to a failed publishing venture.
The student
Abraham Lincoln became a business partner in a failed business (general store) when he was 23 years old. Harry Truman also had a failed business, he opened a clothing store in 1919.
Susan had to assist her family financially due to her father's failed business.
I do have experience my husband had his own business it failed but I knew what he did wrong I think I could have did better.
business failed 2008-2010
restaurant
Same as any
no capital,many business failed, etc
yes
In my opinion, the main failure for a business is being of a poor management with less/wrong knowledge or inexperienced manager, who can not manage effectively and does not have on time planning and lack of monitoring and control also lead business to be failed. So business needs a very strong management with responsible and qualified manager and workforce, clear guidelines for each step and all the processes...