What are my rights if my former girlfriend and I started a personal training business together but it fell apart?

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What are my rights if my former girlfriend and I started a personal training business together but it fell apart?

I was in charge of the managing the business, finding clients, marketing research etc. where she did most of the actual training. Business has been good over the past few years and we’ve saved about $45,000; we were in the process of becoming a LLC when things went south. We did not open either a joint or business banking account and the majority of the money we earned is in a savings account in her name. I have documentation of all the payments we have received over the years, but again as we did not incorporate the business most of the checks we received are made out to my former girlfriend. The training business was the primary source of income for both of us.

Asked on October 20, 2013 under Business Law, Missouri

Answers:

Anne Brady / Law Office of Anne Brady

Answered 8 years ago | Contributor

If your ex-girlfriend is not willing to give you half of the money in the account, you may have to sue her for it.  If shounds like you have good documentation and should prevail if you do so.  Your position would be that you had an oral agreement (contract) to split the proceeds of the business and that she breached that agreement.  You may need to retain an attorney, but you may be able to recover attorneys' fees if you prevail.


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