Jump to content

Personal Liability


Recommended Posts

Hi,

what would happen if my wife as the owner of a sole proprietorship would be sued to pay a big amount of money and she wouldn't be able to pay this? Would I have to pay that as her husband? Is there something like a personal bankruptcy in Thailand and how is this handeled? Would she possilbly go to prison?

Are there insurances to cover this risk and about how much do they cost?

Cheers,

Rossi

Link to comment
Share on other sites


@samran

thanks for the link, but this is not exactly the same thing. I thought to get more information about what might happen in case there is no insurance in place.

Anyway, thanks for helping me out with the insurance.

Rossi

Link to comment
Share on other sites

Does really nobody know how this would be handeled in Thailand? Lets say my wife would be sued to pay a fine of 200.000 Baht and she just wouldn't have any money to pay that, what would then happen? Would I as her husband be the one who would have to pay the fine? Would the business be closed and her accounts distrained?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...