Seperation - Equity Split - 2 Kids

galvanizersbaby

daniel_owen_uk wrote: »

Had an interesting one today, one of the joint bank accounts with a £500 overdraft limit, has had my partners name removed! Surely this is not the cleverest move by her ex as it means he is liable for the whole of this debt?

Why would he do that?

I think your partner needs to contact the bank - you should need both parties signatures to remove one from a joint bank account

daniel_owen_uk

She tried, they said "your name is no longer on the account, so I can't discuss any of the details with you".

Could he have paid the overdraft off and closed the account?

Doesn't make any sense to me.

Edit- Just spoke to my partner, the Halifax say her name was removed on monday, she wasn't required to sign, she still has a card for the account, she put £15 in to cover the interest on the account, £10 of that has been removed (account is £490 overdrawn with over £10 interest to come out, so that's gonna cost him). Address has been changed and is no longer my partners address.

galvanizersbaby

daniel_owen_uk wrote: »

She tried, they said "your name is no longer on the account, so I can't discuss any of the details with you".

Could he have paid the overdraft off and closed the account?

Doesn't make any sense to me.

Edit- Just spoke to my partner, the Halifax say her name was removed on monday, she wasn't required to sign, she still has a card for the account, she put £15 in to cover the interest on the account, £10 of that has been removed (account is £490 overdrawn with over £10 interest to come out, so that's gonna cost him). Address has been changed and is no longer my partners address.

This is really odd - she needs to call the Halifax again and kick up merry hell - if it was a joint account and her name has been removed without her knowledge this seems totally against any bank practice I have heard of - were the Halifax aware of the situation re the account/s?

It is possible that he could have paid off the overdraft but to remove her and close the account without her consent doesn't seem right to me

Try posting on one of the other boards re banking and see if you can get anyone that has up to date knowledge of procedure (mine could be out of date)

daniel_owen_uk

No way I am getting her to kick up merry hell.

It was a joint debt, that is now 100% his debt, why would there be a need to kick up fuss about that?

I appreciate it's a little weird to be able to remove her name without her consent but it's put her in a better (not worse) financial position.

galvanizersbaby

daniel_owen_uk wrote: »

No way I am getting her to kick up merry hell.

It was a joint debt, that is now 100% his debt, why would there be a need to kick up fuss about that?

I appreciate it's a little weird to be able to remove her name without her consent but it's put her in a better (not worse) financial position.

You tell me daniel_Owen_uk - after all you were the one asking!

BTW the thanks button wouldn't go a miss for those poster's that have tried to answer your questions :rolleyes:

daniel_owen_uk

I wasn't trying to sound ungrateful, I am really thankful for all the advice I have received so far.

I wasn't kicking up a fuss as much as wondering if there would be some bizarre legal reason for him taking on that debt without a logical reason.

daniel_owen_uk

Solicitors letter arrived today;

Firstly he is claiming that a loft convertion that was done cost £3000, I doubt that very much as my girlfriend has the receipts (it was £1100, basically just a set of stairs!), can he prove he paid a penny without those?

Secondly he claimed they split 3 years ago, he left the house on July 7th 2007.

We have been instucted to get 3 valuations, I have spoken to 3 estate agents and have arranged for them to come out and view the property. Will these be enough? Obviously they are free if you suggest that you are going to be selling the property?

pinkshoes

Sorry to be blunt, but there is b*gger all equity in the house, and by the time it was sold, solicitors paid, estate agent paid, debt paid, there would be NO money.

We're not talking about £100ks here, so she should just walk away, as life is FAR too short!! In fact, I would recommend she just agrees to get her name taken off the mortgage if the debt goes in his name!

Seriously, it's just money... life is more important.

MrsTinks

You need to put in a "counter letter" really... DID he pay for the loft conversion? If he did is there any way he can prove it? ie did HE pay the builders etc? If he paid then make sure any reply states what work was done and at what cost and I would include the receipts myself...

Never mind when they split - when did he stop paying towards any of the debts/mortgage?
I would subtract what he should have contributed and make him an offer - if he disagrees your OH could always try to go through small claims later for his share towards the debts...

Taking names off accounts - the only way they should have been able to do this without her agreement is if it's not actually a joint account but she is a secondary card holder.

Estate agents - just say you're thinking of selling Make sure you point out to them that if you were to put it on the market you'd be looking to "price it to sell" The price could potentially vary as much as £10k on a £200k property if it's "priced to sell"

galvanizersbaby

daniel_owen_uk wrote: »

I wasn't trying to sound ungrateful, I am really thankful for all the advice I have received so far.

I wasn't kicking up a fuss as much as wondering if there would be some bizarre legal reason for him taking on that debt without a logical reason.

Why don't you use the thanks button then?
I would advise your partner to make a second visit to a solictor if her ex has started any sort of legal proceedings