I have a business colleague who is a close friend of both myself and my wife, and he has divorced twice.
It was he who suggested the Judge would not grant Decree Nisi because of the financial situation.
I really want to know my options, now that the separation was been two years.
It is such a complex situation with the various friendships and business associations I don't want to go down any route without knowing where I stand.
I haven't asked her as it is so difficult to broach the subject
House likely to be worth circa £300,000 mortgage £240.000
I bring in between £3,000 and 4,000 pcm gross I am self employed
My wife brings in Circa £1,000 she is self employed too No other assets.
I have CC debts of about £50K there is Car Finance which is in my wifes name with about £6000 left on the deal, which I cover monthly I pay my wife £1750 which was on mutual agreement.
I am not sure of the value of the pre school but she owns this jointly I think the T/O is circa £60000 but the profit about £5000 net
My business turned over £60000 with a profit for 13/14 of £17,000
There is no debt against either businesses.
I would estimate my business is worth £25,000
The preschool similiar
No the mortgage and bills come out of a joint account
No sorry I put the £1750 the joint account and all the bills are taken out of that