My partner's involvement...??

stressedandconfused_2

Can anyone reassure me?... I live with my partner of 7 years, and we have a daughter. We are not married (do you blame him????...) he is solvent, a prudent saver and financially very savvy... (:T)

He knows about my financial situation, and he was horrified when I first admitted how much debt I was in some years ago, but luckily he didn't walk out on me, in fact, it was he who made me finally take some action, initially an IVA, against his advice, he just wanted me to go BR, I was too worried about "what the neighbours might think" but he just wanted me to take some responsibility for ours and our daughter's sake.

So, now BR, can there be any repercussions for him? Luckily (in a weird sort of way) I have no property, I moved in with him before I got pregnant, he sold his house and we are now renting a house, in his name, my name is only included as an additional occupier. We have no shared finances whatsoever, when I was in a better job I contributed what I could to bills etc by transferring money into his account, which he can prove he used to pay rent / council tax etc.

Can his name be dragged into my awful affairs at all? He cant afford to shoulder all the bills etc so when I fill in my forms I will be stating my half as outgoings. At my interview, will the OR ask about him? He can't be involved in this, it isnt fair on him, he has done nothing wrong (except getting involved with me!!)

He has been very supportive so far, but I have kept the details since receiving my BR order to myself, and he knows I am very distressed recently but I dont want to burden him with it until I have to, I want to do as much as possible by myself (and you guys have been just amazing, and have made this possible so far)

Will they ask for his details etc? Can his credit rating be affected by me? Will they make him give back my contributions to our living expenses?

Once again, another of my long, rambling rants, I keep feeling OK then back into panic mode again....

Thanks to anyone who is listening...

script

I'm sure a lot of people will pop in to give you more reassurance.

From what you've said - your partner is not going to be involved in your Bankruptcy.

You'll just be putting your share of the living costs on your SOA.

One thing your partner could do - is contact all the credit reference agencies and ask to "dissociate" from you financially.

If he applies for credit then your name cannot be mentioned on his credit records.

He probably doesn't even need to do this - as you have different surnames, he is not likely to be "associated" with you on any credit agency files.

Again don't be concerned - it's your Bankruptcy - he is not involved.

And your Bankruptcy will set you free from all your financial hardship, stress and worry.

How cool is that?

fiveyearplan

Have you already filled in your SOA? Link here http://www.makesenseofcards.com/soacalc.html

He will not be expected to shoulder all of the bills - as you have no financial link to each other (like joint account or mortgage) it shouldn't affect his credit rating either. The only thing I can think of at the moment is it may affect some household insurance policies - so you'll need to check that.

Don't worry what other people think. You've made the best decision for you and your family.

philnicandamy

I agree...lived with my OH for 8yrs or so & only had 1 problem in the entire time with my bankruptcy (and that was a financial link that should NEVER have been registered due to an error) we both have different names....

eklynne

I had a minor problem recently as I was on my dad's insurance policy and they wouldn't renew with me as a named driver when my dad told them I was BR. I was very worried that this would count as a financial association with my dad, but they were happy to renew his policy and he's since checked his credit file and nothing on me showed up. I suppose in BR it's little things like this that you don't really think about.