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DRO and joint mortgage
lookingforthelight
Posts: 140 Forumite
in IVA & DRO
Hi,
Sorry if this has already been asked.
My OH (married to me) has a credit card for £1200 and only works part time with not enough income to pay the minimum, (so basically I pay it).
She has no other assets except that we have a joint mortgage.
If I get her name removed from the mortgage and house deeds would she then be eligible for a DRO? Once DRO complete and everything clean I can put her name back onto the mort & house (or maybe just the house).
I feel a bit daft as I'm sure others would have thought of this and its probably not possible.
Thanks
Sorry if this has already been asked.
My OH (married to me) has a credit card for £1200 and only works part time with not enough income to pay the minimum, (so basically I pay it).
She has no other assets except that we have a joint mortgage.
If I get her name removed from the mortgage and house deeds would she then be eligible for a DRO? Once DRO complete and everything clean I can put her name back onto the mort & house (or maybe just the house).
I feel a bit daft as I'm sure others would have thought of this and its probably not possible.
Thanks
0
Comments
-
Sorry, CC debt should read £12,0000
-
Try posting in the dedicated thread for DRO`s, it is at the top of the page and you should get more advice in there.
:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0
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