DFH & ex Parnter defaulting

Megadarren

Hi There

Just a quick search for advice, I am recently divorced and my (ex) wife and I had a reasonable split, we had accumilated somewhere in the region of £25.000 in debt owed to N.west HSBC etc, I did everything the divorce and sorting out the debt stuff, I went to DFH and though I have read some horror stories (long after I signed up with them btw) through this site I haven't had reason to complain, over a seven year period which is what the loans etc were stretched over anyway we (were) paying over £150 less each month through DFH.

Now for the interesting part... my ex met a new man and moved with him to his native Egypt, things were going fine as she had set up an account here in England from which money was transfering into my account to cover her half of the debt each month, then the money stopped, I chased her parents for help and they did for a few months and I was content to have them give me the payments and the retrieve the money from her at their leisure, I now have been told by my ex that she is very sorry and that due to her not being able to earn enough money she cannot and will not pay her half of the debt each month, I cannot afford £300 a month out of my wages and mores to the point why should I pay her half? more info: one of the loans was for £20000 with N.west and it was in her name not mine can I leagally not pay that portion? Please help, I will be going to seek professional advice but I know everyone here has some good advice and maybe will point me in the right direction.

Thank you in advance to anyone who has taken the time to read this and reply to it.

Darren

KingElvis

Darren, if the Natwest loan was taken in her name only and you did not stand as security then there's no way you can be chased for it, simple as. Was it unsecured?

For 20k I would imagine they will get a CCJ in her absense and then forever hound her for the money.

In Egypt, there may be some camel based DCA or King Tut Collections

Good luck mate.

Marisco

Hi Darren, I'm almost sure you are not liable for the loan taken out only in her name. I'd write to her and explain that since she is not paying her bit, then you'll have no choice but to stop paying half of HER loan, as you cannot afford it!!

GeorgeUK

It may depend on what the agreement with regards the debts was made in the divorce, but generally, you are not liable for someone elses debt. It is only if it was a joint account that you would need to pay.

I would write to Natwest and inform them that you are no longer able to make payments to your ex wife's account and that she now resides in Egypt.

Was the 20k a secured loan though? What was it secured against if it was?

Marisco

You owe £25,000 - is that including her £20,000? And you are paying out £300pm - is that for ALL the debts including hers?

Megadarren

Wow! thank you all for such a fast response, the natwest loan was a loan that was secured on a house we once owned, the money was linked to a natwest joint account, since the divorce I went to a company called DFH who managed to negotiate with the lenders and agree a reduced monthly figure to pay each month, at the time I had both our names on it at what was then my nans address (i stayed there for a year while getting divorced) they still think my ex and myself are living there which is another thing I have to get sorted, so the long and short of it is< i'm paying DFH for the privelage of reducing my monthly payments to the lenders, the reduced amount of which they take a cut and the rest gets spread out to the lenders, this is why I'm confused, i've always been straight and legal with everything and I have always paid my debts I will tell DFH of my new address but I need advice as to what and in which order to do things, I'm sorry for this being confusing, my brain wasn't cut out for this kind of thinking... ps king tut Collections? lol.

GeorgeUK

Looks like you may need to look into exactly what DFH have done.

Are they a fee paying company that you have set up a debt management plan with?
Or have they paid off your debts and you are now repying them via some kind of loan agreement?

You need t ofind out exactly what DFH have done as there may only now be the one debt - yours to DFH

Megadarren

Thank You George, That's a very good point and I will look into it, I will post back here when I have some answers and hopefully this will help others with similar problems, sometimes the answer is right in front of your nose and yet it's impossible to see! Thanks again!

Darren