Can somebody inform me if I am responsible for my ex-husbands business debts. I am not connected to the business, and he was a sole trader.
The houses have been sold and property settlement is to occur. He has a large tax debt that I am apparently responsible for, as well as a large amount of his business debt (accounts, overdrafts etc). He has no superannuation. I have a credit card debt that is in my name. I have not sited any exact figures of the ATO debt, nor any details of the overdraft.
The houses have been sold and property settlement is to occur. He has a large tax debt that I am apparently responsible for, as well as a large amount of his business debt (accounts, overdrafts etc). He has no superannuation. I have a credit card debt that is in my name. I have not sited any exact figures of the ATO debt, nor any details of the overdraft.