Please urgent help for my lovely nan.

kravevr6

Basically I went bankrupyt a year ago and was the best thing I have done.

But my nan, A 60 year old lovely ladie is now having serious problems.

for as far as I remember she has always been skint but just manages to pay her debts, missing payments regulary and things. She is married but they have just split up. Recently she has nt been able to aford the bills at all. How would she go about bankruptcy? the only asset she has is a boat with her husband to the value of about £30,000 . but I think he legally owns this and has ownership etc etc.

So basically she is now needing to go bankrupt but doesnt now how she would go about listing her debts that are joint with him? or her expenses that are joint with him??

Can some one please help as she really is a shettered women that needs to hget her head above things.

She is takinghome £800 pm after tax.

would her joint debts be wiped or what does she do....?

Again please help and sorry that im not being very clear....

Thankyou

crowman19

Best thing to do would be to phone one of the debt charities listed in the stickies in the forums. They will give the best advice for individual situations.

The only thing I can help with is that all joint debts will be liable to the non-bankruptee.

MicheH

Hiya, bless you for helping your nan, I don't feel qualified to give you the help and guidance but I just wanted to say it's really quiet tonight. There are so many posters on here who will know how to help you but bare with the quietness tonight.

I can say that to go bankrupt your nan would need to have sought professional advice. Don't worry there's many people that can help free of charge, citizens advice or free helpline national debtline. They will help your nan and are very professional people, non judgemental at all.

Hope someone can come along to help you soon x

Amiga

Miche and Crowman have covered what I would have said. Just wanted to say good on you for trying to help your nan out

kravevr6

Thanks ppl, Feel so bad for her, her husband of 22 years is in love with someone else apparently........ . Shes broken and worried beyond belief. She is the nicest person in the world, always helping out anyone she can, going with out to help others and gets nothing back. Want her to get on track and happy.

kravevr6

Does someone please know the answer to what happens with joint loans etc or joint debts??

Thanks

miss_spooky

kravevr6 wrote: »

Basically I went bankrupyt a year ago and was the best thing I have done.

But my nan, A 60 year old lovely ladie is now having serious problems.

for as far as I remember she has always been skint but just manages to pay her debts, missing payments regulary and things. She is married but they have just split up. Recently she has nt been able to aford the bills at all. How would she go about bankruptcy? Fees are £150 court fees & £360 OR fees. The £360 has to be paid, but she may be entitled to a remission for the court fees. The CAB may also be able to help her with the fees as they can approach some charities for funding. Start filling in the forms, the on-line version are really straight forward, you can save and take you time doing them. Find out if the court do a drop in or appts, then sort out the date. Once fees are together your set to go. the only asset she has is a boat with her husband to the value of about £30,000 . but I think he legally owns this and has ownership etc etc. The OR may take an interest in this but if he did the her ex-hub may be able to buy out her interest in the boat thus stopping the OR from taking it. If he can prove that he bought it, then it may not be classed as hers. Not entirely sure how this one sits with assets. Hopefully someone will be able to give you a better answer. Though if you give one of the charities a ring - National Debtline - for instance, theny will be able to clarify that for you / her.

So basically she is now needing to go bankrupt but doesnt now how she would go about listing her debts that are joint with him? or her expenses that are joint with him?? Ok, She will need to list all her debts that are in her name and then all the joint debts. Her liability to pay these will end when she goes BR. They debt will then be rolled over to him. With her expenses, if she is living on her own she will just need to list her expenses. If he is still there then she will just need to put down whatever he is contributing to the household. Not his full income.

Can some one please help as she really is a shettered women that needs to hget her head above things.

She is takinghome £800 pm after tax.

would her joint debts be wiped or what does she do....?

Again please help and sorry that im not being very clear....

Thankyou

I've added some nots for you. Do an income & exp using this calculator and we can help you with what will be allowed.

http://www.makesenseofcards.com/soacalc.html

pinksnapdragon82

Hi,

If your Nan goes BR then all the joint debt will fall to the her ex to pay (unless he goes BR too).
As said in previous posts you should get her to ring one of the debt charites for advice, as they will be able to help her.