My husband and I have been married for almost 9 years. We are filing for divorce. My husband started a business, against my wishes, about 5 years ago. I have always been opposed of it, and I have always argued with him about purchases that he made for the business, and lines of credit that he obtained. My name was never on anything, not the business license, the website, business cards, any credit cards...nothing. It has always been "HIS" business and he has always rubbed that in. And that's always been fine with me, I didn't want to be a part of it.
Well, now that we are getting divorced, I find out he has thousands of dollars of business related debt. And he says I get to pay half of it. Am I responsible to pay half of that?
I have been a stay-at-home-mom for the last 5 years or so...and I am looking for a job, but there is no way I am going to be able to afford half of that debt, plus half the personal debt and take care of 4 kids on my own (even WITH child support)...it just doesn't seem like I can handle all that.
I even told him that I would sign a contract, an agreement that if he didn't try to stick me with any of the business debt, then I wouldn't ask for any of the profit. No dice.
Help! Am I S.O.L?? The way I see it, if it was HIS business and he never wanted me to be a part of it, (nor did I want to be) then it should be HIS resposibility to pay the debt.
Thanks for any advice...