My husband is in financial debt and is n...

Asked by Tianap on 19-04-2021 06:05:47
Question posted in the Divorce Law category relating to KwaZulu-Natal

My husband is in financial debt and is not interested in making arrangements to settle his debt. We are married in COP. He hasn't paid his personal income tax and business tax in approximately 14 years. He has an engineering workshop. Currently the business hasn't been making much money but there are a few good months.

I have been saving money while my husband has been spending money on golf, gambling and other recreational activities.

I'm filing for a divorce. We own a house and 2 vehicles. What happens in a case of a divorce, where he owes the Receiver of Revenue? Will I be liable for this? Can he be held liable for his own debt? His business could be valued at half a million or a little less.

What happens to the money I have saved? Can I draw it out and use it? 

I am an educator. I am aware that he gets half my pension. 

Please advise

Ann

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