My brother got a loan from the bank to buy a lawn business. 2 years later he had lost all but a few of his customers. He was going to hang it up, but I told him I would take over and try to revive it. The problem is that he still owes the bank alot of money. I told him I would help with making payments but that I wasn't going to pay off his entire debt, seeing as he let the business go in the first place. I started working under my own business name and picked up new clients. What I got from my brother amounted to 3 clients and his equipment. The question is this: What constitutes his old business? Since I'm using old business equipment am I in effect working under the old business name or my new one?