J
janeam
Guest
I have been a sole trader for seven years. my partner (now ex) was employed by me. The business is gone - has not traded since April. There are debts to suppliers. My only asset is my home - there is a mortgage on it. If I sell this which I am willing to do to get out of this mess, am I liable for all debts to suppliers, credit card company. Or do you think it is possible that an agreement to pay part will be acceptable. How do I move forward with this. The suppliers know what has happened. Do I get an accountant to initiate talks? mabs? or there are company which advertise on the internet but am unsure about these. I am just at the end - 54 years of age - did notexpect this to happen. Partner has just walked away and said these are your problems. House is in my name only I would be grateful for any advice. i am not working but am trying to find work - not easy. I cannot get welfare and at the moment am staying with friends. i have rented the house out because at least the mortgage will be paid which at the moment I am unable to do. thanks