Hi,
I am in the process of separating from XP. He left at the beginning of the year. The DCs are with me. We had a horticulture business which we started 8 years ago and I put in the start up capital. For the last 3 years we havent been trading although XP has been using the business assets for some minor trading until he decided to move out. I have not been involved. I have seen none of the proceeds & took no drawings even during the time we were trading. (When we were trading the proceeds went into our joint account).
We have a joint (not business) bank account which he said he would sort out. I trusted that he would honour his agreement. It was in credit when we stopped trading but has been in debit for the last couple of years. Over the last 3 years he has taken drawings, his national insurance and other personal bills (like road tax) out of this account. Previously this was occuring but it was out business (although her didnt want me to pay NI from this account). Now that we are separating he is refusing to take on the debt. He says his income is too low.
We have been to mediation and the advice has been that I need to let go of the start up capital and take on half the debt by selling the (now joint) assets of the business.
I am upset that this obviously affects not only myself but also the DCs. He pays no maintenance. I think there should be a way of him taking responsibility for his personal choices without it affecting me any more (?!)We are going back to mediation tomorrow and I would value any advice!
Sorry this ended up being longer than anticipated!
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5 replies
EndingItAmicably · 08/06/2011 17:53
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