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If your partner agrees then you have to make sure that you are taken off every single debt that you agreed to personally. That would be anything that you signed for or guaranteed whether you posted security or not.
You also need a contract with your partner stating that your partner agrees to indemnify you fully for all liabilities that you may incur from previous causes or going forward and this agreement is very, very important otherwise you may be liable over something that happened before you left the partnership but that you didn't know about until now.
It is my strong advice that you be sure a lawyer drafts that agreement and if you are not the one hiring the lawyer you should be getting independent legal advice.Does that help as a starting point?
That sounds fine from my brief reading of your post but it is dangerous to self-represent in cases like this and there is a strong chance that you will not protect yourself properly. It is inadvisable to proceed this way in my view. You aren't my client of course but I still don't want to see you getting hurt.
I understand. That is terrible.
I do think you should see a lawyer when you can soon as well as dealing with this today.
That will not help you. You are liable to third parties no matter what. The only way you can protect yourself is if your partner agrees that anytime you are found liable he will compensate you so giving him notice of leave doesn't make any sense in terms of protecting you from legal liability unfortunately.
I was just thinking about our conversation and have been wondering if you have thought of any further follow-up questions for me.