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Possible DRO or DMP

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Comments

  • HappyMJ wrote: »
    Bankruptcy sounds like an option you'll need to consider.

    You will not be allowed to make any allowance for payments to the joint loan. Your partner will have to make the payment in full on that one but the remainder of your debts can be included in the BR. You won't ever be liable for the joint loan. What does your partner think about taking that on in full?

    Sorry I got carried away with the keyboard there. The nationwide isn't a loan it's a credit card with a balance of £2007
  • fatbelly
    fatbelly Posts: 23,245 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Sorry I got carried away with the keyboard there. The nationwide isn't a loan it's a credit card with a balance of £2007

    As long as it's in your name it's fully covered by your bankruptcy - the fact that there may be a second card holder makes no difference.
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