I’ve been giving myself haircuts for years/ my partner helps me. For context I also haven’t dyed my hair for over 4 years, I rarely use heat and I’m 7 months post partum so have had some hair loss. Do you think these little bits of hair are breakage?? I obviously really don’t want to cut my hair that short to get rid of all those strands sticking out 😬 anything else I can try to make it smoother?
My partner has had a business in the trades for almost 4 years now. A couple years ago he got in trouble with ato debt and so went on a payment plan. Since then he had paid down the loan significantly, but after a rough few months of loosing money and unable to pay materials and loans, he has used his companies line of credit to catch up on the ato payments as well as paying some other bills. So although the ato debt is down from 100k to 35k, he now has 90k in line of credit debt (with 20% interest). This has all recently come to light (I keep out of the business mainly as I’m on maternity leave looking after our two children), I always asked how the debts were going and if the company was making all their payments and he always assured me they were, and now I’ve found out things aren’t as good as I thought. I’m terrified.
I love my partner and he’s the hardest worker I know. I know the choices he’s made financially in his business haven’t been the best, but he’s trying so hard to build a business that can support our family so I’m not pressured to go back full time and I can be there for our kids when they start school.
But now that this extra debt has come to light, I’m wondering if going insolvent is the right choice? I’m so worried we can’t come back from this and the business will just fall into an ever bigger hole. I hate to be unsupportive but I guess it all seems so risky and I’d honestly just love him to call it quits before things get worse and get a high paying fifo job until we can pay off whatever we would personally owe.
Our house is in my name, and I’ve never signed anything for any business loans (I think my partner has gone personally guarantor on the line of credit), so I’m not sure how liable we would personally be for the debts.
Any advice would be greatly appreciated. I know it’s probably hard to get the full picture from what I’ve told you, but I can’t sleep and I feel sick thinking about our future. I truly just wish he had a normal job and we never started a business in the first place.