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Hypothetical Question Re Bankruptcy
AnnesWitterings
Posts: 298 Forumite
Scenario
Wife and husband sperate, apart 18months, no attempt at any legal speration or divorce been dealt with legally just seperation.
Wife decides to petition for BR, most of the debts are joint with husband, if BR is given, does the OR then pass debts onto husband?? and they become his debts after wifes BR declaration??
Wife has no income but Income Support, husband has refused to divorce and is sitting pretty in ex marital home with reasonably hefty bank balance,,, will OR pass debts over to him??:D :rolleyes:
Wife and husband sperate, apart 18months, no attempt at any legal speration or divorce been dealt with legally just seperation.
Wife decides to petition for BR, most of the debts are joint with husband, if BR is given, does the OR then pass debts onto husband?? and they become his debts after wifes BR declaration??
Wife has no income but Income Support, husband has refused to divorce and is sitting pretty in ex marital home with reasonably hefty bank balance,,, will OR pass debts over to him??:D :rolleyes:
BSC no 192
I know sometimes you feel so helpless/you cant go on/so isolated, well you need never feel that way again as a simple Can you help me please? on here is your first step to that journey of fresh starts, so hello Im Anne, your ? YOU ARE NOT ALONE in all of this, we have all been there, so come join us.
I know sometimes you feel so helpless/you cant go on/so isolated, well you need never feel that way again as a simple Can you help me please? on here is your first step to that journey of fresh starts, so hello Im Anne, your ? YOU ARE NOT ALONE in all of this, we have all been there, so come join us.
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Comments
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Yes all debts that are in joint names will pass to the other partner. Thats regardless of whether or not the couple are married
BSC Member 59 - AD 29th March 2008
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Oh yes Anne, any joint debts will be passed to the non-bankrupt party.
Hope that's what you wanted to hear:DAccept your past without regret, handle your present with confidence and face your future without fear0 -
:beer:
:beer: :beer: :beer: :j :j :j :T :T :T :T :T :T
Meant to ask that question yesterday when we all met....:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :T ex husband might just regret not saying yes to a quickie divorce now
Oh happy daysBSC no 192
I know sometimes you feel so helpless/you cant go on/so isolated, well you need never feel that way again as a simple Can you help me please? on here is your first step to that journey of fresh starts, so hello Im Anne, your ? YOU ARE NOT ALONE in all of this, we have all been there, so come join us.0 -
You go girl!:D Accept your past without regret, handle your present with confidence and face your future without fear0
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He's going to get a bit of a shock when those letters drop through the door!!
I would imagine that the OR will try to recoup your half of the BI in the property too
BSC Member 59 - AD 29th March 2008
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Yes Red and Peachy
Will just sit back quietly and let it just evolve...see what happens...if nothing then thats fine,,,,if everything then I will give the OR a big hug:p :rolleyes:BSC no 192
I know sometimes you feel so helpless/you cant go on/so isolated, well you need never feel that way again as a simple Can you help me please? on here is your first step to that journey of fresh starts, so hello Im Anne, your ? YOU ARE NOT ALONE in all of this, we have all been there, so come join us.0 -
Anne I would say your life is getting better and better by the day
Don't warn him at all, just wait and see what happens when the proverbial starts hitting the fan:D
((hugs)))BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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