Implications of not paying

s1avery

Hiya

I have a friend who is need of some advice. He'd much appreciate anything anyone can give.

He is on the verge of leaving his wife who in any divorce would get the majority of the house and cash (no kids involved but it's very complicated). She refuses to sell and has only offered minimal money for him to go (which she wants btw) which makes him a little aggrieved as they've been together for nearly ten years and have a lot of capital in the house.

He's looking for ways of accessing this capital, whatever the means, before any divorce is commenced as he's guessing his assets would be frozen. He has an idea to get a loan or take out lots of cash on his credit cards and just leave. He's not bothered about what it does to his credit rating (again, complicated) but is it legal? Would his bank accounts be raided when he doesn't pay? Would his wife be made to sell the house on his and her behalf which is what he wants? If he tried to leave the country would he be 'met' at the airport?

He's not planning on having a 'permanent address' whatever happens btw.

Cheers guys

S

CLAPTON

your friend needs a solicitor, not a criminal record.

nickmack

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]abuse@moneysavingexpert.com[/EMAIL].

*BOARD GUIDE NOTE*

I've moved this because I think assistance is required with the family/relationship financial situation. Please do not continue to discuss taking out credit if there is no intention to repay it, at best it's against the ethos of this site.

exel1966

Tell your friend, when you look in the mirror not to be so stupid !

PROLIANT

nickmack wrote: »

*BOARD GUIDE NOTE*

I've moved this because I think assistance is required with the family/relationship financial situation. Please do not continue to discuss taking out credit if there is no intention to repay it, at best it's against the ethos of this site.

Oh really, shame this statement is not reiterated more frequently on MSE then isn't it!

redmower3

s1avery wrote: »

He is on the verge of leaving his wife who in any divorce would get the majority of the house and cash (no kids involved but it's very complicated). She refuses to sell and has only offered minimal money for him to go (which she wants btw) which makes him a little aggrieved as they've been together for nearly ten years and have a lot of capital in the house.

S

Why does he assume that his wife would get the majority of the house? You say 'it's complicated' but given no more detail. With no children involved, the length of the marriage and all other things being equal this looks like a 50/50 situation.

You friend should find a solicitor (should be able to get a £25 for 30 min consultation) before considering doing a runner.