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Legal matters

ltd company deliberately put into receivership prior to divorce

3 replies

loutay · 08/07/2014 21:18

Had a business, ltd co, with stbx both equal 50:50 directors. seperated 3 years ago but continued to run business together. He has spent that time running the business down despite my best efforts to avoid that (including selling family house to put money into the business - foolish I know. Now live in rented flat) As a result of his deliberate mishandling the business went into receivership which he then bought back from the liquidators! I believe he orchestrated the whole thing just to get rid of me. He is extremely bitter that I left him I can prove he planned this as he registered the new company name 18 months ago among other things.
Divorce now going through. There are no assets to fight over but I believe I should be entitled to either half of the new business or my share of the money put in from the house. His actions have restricted my ability to earn.
Has he acted legally in doing this?
We have 3 children to which he pays no maintenance! Claims he is not earning anything.
Can anyone advise where I stand legally. Ultimately I just want him to be financially responsible for his kids.
Any advice would be extremely welcome.
Thanks

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Amateurish · 09/07/2014 16:40

I know solicitors are expensive, but you should at least use one to get an idea of where you stand legally. And then you can decide whether the investment of going legal will be worthwhile for you. You won't get any legal advice of value by posting here.

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loutay · 09/07/2014 16:35

Thanks
Unfortunately solicitor wants £250 per hour and estimated £8k plus to get anywhere. I don't have that kind of money.
Why is it always the children that suffer. Why can't men (not all men) play fairly and just face up to their responsibilities. It's all about their ego all of the time when it should be about the welfare of their children.
APologies for sweeping statement but its how i feel

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Amateurish · 09/07/2014 11:22

With a situation this complex, the best advice is to see a solicitor. Any advice you get on here will be pretty useless.

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