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I am sorry to hear about this situation. Please tell me:
1) What kind of entity is it? A sole proprietorship? Corporation? LLC? Etc.
2) Do you have a formal operating or partnership agreement where he owes 50% (or whatever) of the business?
3) Re: #2, is this ownership via interest, or shares?
This is not an answer, but an information request. I need this information to answer your question. Please reply, so I can answer your question. Thank you in advance.