by Luisa  18/04/2019  93 Page Views
1 Comments  Family & de facto law, financial agreements, consent orders
Good afternoon,
just wondering how a property settlement would play out if couple had only debt, no assets.
Two pre school children, husband has ATO tax debt of $150,000, wife is the only wage earner.
They had a business in both names but have sold it, and are renting their home.
Hoping the split doesn't happen but if it does, how might it play out?
Thank you.