Sad day

BigAunty

Can you clarify about that £1k in debt on a catalogue - are you saying that it is jointly held without your knowledge? If so, how did this happen?

Is she paying off her debts with her fair share of the equity or are you making additional allowances for this?

Is she seeking legal advice on a settlement? Are you in the process of divorcing?

From reading posts on this forum, I was made aware of the fact that some spouses delay the divorce for various reasons but then find that income/capital they have earned since their separation/divorice is still taken into account as part of the settlement.

There's a lady on this forum called 'TeaWithMilk' who was upset to find that her ex hubby, whose stinginess and debt strewn tendencies ended their relationship, was due a share of her new assets because he had deliberately avoided agreeing a settlement, and that was after she had given him substantial money to pay off his historic debts.

piglet25

Just to say how sorry I am for you - to find this out when you have been struggling for years must be a massive body blow.

TiddlyPom

No words of wisdom I'm afraid. I just wanted to wish you all the luck and all good things for the future.

jumpingjackd

Oh gosh what a horrible situation to be in, I wish you well and hope you get sorted.
Take legal advice on any debts they say you are jointly responsible for, as you may well not be. Good luck

stir_crazy

Just to say that I'm sorry about your situation. My DH was in a similar situation when he split up with his ex, there was thousands of £ in debt, which he knew nothing about. Apparently he knew she was a spender but didnt realise she was buying high brand makeup, designer clothes, etc. Anyway, he had to pay half of the debt as it was accrued while they were married, but this was on the condition (in the divorce) that if any further debt came to light, she would pay this off herself. Hi credit score is now shot to bits, although that might be a good thing, as its not the first time his ex has tried to apply for a credit card in his name.

pollypenny

My sympathy, Bendigo. I am paranoid about debt, as my parents were such poor managers that it effected my life severely.

My only query is what did she do/spend with the money that you did not notice?

As others have said, get legal advice. All the very best with moving forward.

BigAunty

stir_crazy wrote: »

His credit score is now shot to bits, although that might be a good thing, as its not the first time his ex has tried to apply for a credit card in his name.

Eeek!

Does this mean she is/has effectively perpetrated fraud by applying for credit in his name and thus falsifying his signature? A criminal offence?

Or is this rather dubious practice something he considers to be a private matter that he doesn't wish to pursue with the police?

I am convinced that one of my ex-lodgers applied for credit in a fake name (not in my name) because she had a history of debt issues and liked to spend. I opened up the letter because it didn't belong to anyone that lived in the property and it was from a catalogue company like Isme or Very for a credit account. The letter denied them the account, saying their credit checks couldn't establish any record of them at my address.

When I phoned the company to say about this fake tenant, they said it was fairly common for people to try it on and open up accounts with them at addresses where they didn't live or in another name and I also got the impression from them that it wasn't an offence to open up an account in another name, but was if they received goods and didn't pay for them. I may have misremembered but they weren't the least bit concerned about the practice.

Since then, at my registered company address, someone else has tried to open up Isme or Very accounts in my actual truye name without any luck as there is no credit record for me at the company address, it's a relative's property, so it got a knock back on those grounds.

stir_crazy

BigAunty wrote: »

Eeek!

Does this mean she is/has effectively perpetrated fraud by applying for credit in his name and thus falsifying his signature? A criminal offence?

Or is this rather dubious practice something he considers to be a private matter that he doesn't wish to pursue with the police?

If I had my way then it would have been a police matter. :cool: The last time it happened was a couple of months after we got together, so a good 6 1/2 years ago. As far as DH is concerned, it's just a drop in the ocean of dodgy things she has done, so since she has never managed to get any credit in his name, he's never followed it up.

MadelinesMum

I feel for you. I borrowed against my own house and put OH on deeds to pay off his credit card debts. He likes round the world football trips! Within a year he had racked up CC debts to £25k again and I honestly don't know what he spent it on. No obvious material items to show for it. I came to the conclusion it probably was football, gambling and women. We then started a DMP and then he decided he didn't love me anymore and left, wanting money from the sale of the house! Been sniffing at work all day, trying to hold the tears back.

[Deleted User]

They need to teach children about money management and educate everyone about the dangers of borrowing! It's me and my oh argue about is his debt and lack of money and he has such a spending problem, I think it'll be our downfall. I'm saving every spare penny of mine for said eventuality!