My wife has ran up debts in my name

leftinamess

thenudeone wrote: »

If she were to be convicted of fraud or even if the creditors were to be successful in pursuing her in the civil courts (which sounds likely given your post), this would be likely to count in your favour in any court hearing, though I understand that a court result is sometimes different from access in real life.

Alteratively, if you can agree a divorce settlement significantly better than you would otherwise get, sufficient to cover your losses, but without reporting her, it may be worth considering.

In the meantime, I suggest that you DO NOT make any payments to the creditors of the loans she took out; this will create an acknowledgement of the debt in your name.

I would see a good divorce solictor about the best way forward, get a copy of your statutory credit report from all 3 agencies and check the land registry files (if you have a house) just in case she's taken any other loans as well.

Funny thee ccj got attached to the house but that is all sorted now and the house completes this week. we dont have anything else to really split for a divorce just debt i have already seen a solicitor but at £100 per hour plus vat i wont be seeing them again! thanks for all your advice

lisyloo

I would suggest you go to the CAB.
Depending on the level of debt it might even be worth considering bankruptcy although you have to understand fully the consequences attached to that.
They will certainly give you adviec about the best way to pay it back (or not as the case may be).
You might have to come up with IVA (individual voluntary arrangements) and this has consequences for your credit rating that you need to understand.

My job is currently at risk. (which I kow isn't the same as what you are going through).
My advice is try to put things into perspective.
If you and your kids are healthy and you're going to be able to see them then that's the main thing.
You may well have friends/relatives who would not see you starve or out on the streets.

I hope that doesn't sound patronising, but a lot of my colleagues at work are finding the adviec to put it into perspective very helpful.
The main thing is your relationship with your kids.

leftinamess

lisyloo wrote: »

I would suggest you go to the CAB.
Depending on the level of debt it might even be worth considering bankruptcy although you have to understand fully the consequences attached to that.
They will certainly give you adviec about the best way to pay it back (or not as the case may be).
You might have to come up with IVA (individual voluntary arrangements) and this has consequences for your credit rating that you need to understand.

My job is currently at risk. (which I kow isn't the same as what you are going through).
My advice is try to put things into perspective.
If you and your kids are healthy and you're going to be able to see them then that's the main thing.
You may well have friends/relatives who would not see you starve or out on the streets.

I hope that doesn't sound patronising, but a lot of my colleagues at work are finding the adviec to put it into perspective very helpful.
The main thing is your relationship with your kids.

The debt compared to a lot of people on here is not massive so i dont think i will have to do anything to extreme! hope all goes well for you

Tiddlywinks

Where did the money go? Does your wife have a gambling habit, drink problem, drugs, shopping addiction?

Does she have mental health issues?

With two children so young, you need to be sure that she has the capacity and morals to care for them - sorry if I sound old fashioned but they need a good example and her recent activities don't really fit into that description do they - it's not the excessive spending so much as the lengths she went to in covering her tracks.

leftinamess

Tiddlywinks wrote: »

Where did the money go? Does your wife have a gambling habit, drink problem, drugs, shopping addiction?

Does she have mental health issues?

With two children so young, you need to be sure that she has the capacity and morals to care for them - sorry if I sound old fashioned but they need a good example and her recent activities don't really fit into that description do they - it's not the excessive spending so much as the lengths she went to in covering her tracks.

More of a spending habbit i from what i can see! thanks for your advice.

Patto

Reading this leftinamess made me register just to say good luck and avoid women at all costs! Hope all goes well for you mate!