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debt
carwyn20
Posts: 3 Newbie
I have a joint debt with my ex husband who bought a car for himself with this money 12 yrs ago. I am paying £50 a month off, but the bank are not pursuing my ex, as he made himself bankrupt 10yrs ago. What can I do????
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Unfortunately Nothing, as it is a joint debt you are both liable for the full amount. As he went bankrupt he is no loner liable, so now you are solely liable for the full amount.
Its something i have heard about on these forums before, the partner/ex goes bankrupt and then they are landed with all the joint debts in full.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
Sorry but there really is not anything that you can do unless you can persuade the trustee in bankruptcy that he has assets or income which he is not declaring. what happended to the car can you take that? if hte car is worth less than £1000 then usually the bankrupt is allowed to keep it so you could possibly get that and sell it but its a long shot.0
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Thanks for your answers0
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Thinking about it, have you done a CCA Request, if they don't have an enforceable agreement you may be able to hold off paying them until you can afford it.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
No i dont. I have just recieved another request to increase my payments, and I feel that I am being harrassed by them every 3 months to increase my payments. Although I work full time I am a loan parent for 2 children and am fighting to get CSA0
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carwyn
There is a chance that the CCA for the loan was invalid or has been lost. If this happens, you would be able to stop paying.
If the bank have ever placed a default on your account, there is also a chance that the letters sent sent the time were not legally complaint. This would prevent legal action against you, so give you more leverage with the bank.The person who has not made a mistake, has made nothing0 -
Just ignore the bank - they cannot do anything to you. Forget it, send any letters back as unknown at your address and move on.
There is nothing (legally) they can do..... Assuming they have already added an A.P or D marker with the CRA's of course? After 12 years i'd be moving on and just ignoring it - sod ethics, they have had plenty and you shouldn't be paying this back.
The CCA Option is only viable if you got a bank loan, was it a loan or was it finance?
2010 - year of the troll
Niddy - Over & Out :wave:
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