Financial Abuse: Can A Wife Declare Her Idiot Husband Bankrupt?

AnnieO1234

tattycath wrote: »

If they are separated can't she disassociate her finances from his legally?

Future finances possibly, but not historic. Xxx

tattycath

AnnieO1234 wrote: »

Future finances possibly, but not historic. Xxx

Yes, I'm thinking 'going forward' but getting it sorted ASAP, to stop anything more happening that could damage her financially.

pigpen

Paypal don't seem overly vigilant at getting money back if the account is in the red. Though they may think that sum is worth chasing.

For her online business she can simply open a new paypal address and use that.. I have 4 separate ones used for different things.


If she can prove it was used fraudulently then she should seek legal advice and have him prosecuted.. the debt may be in her name but surely the original transactions must be tracable back to him otherwise why did he have access to her bank/cards/paypal if he has been doing this for years?? It seems very strange that someone would be that silly.

Kynthia

I know some married couples who have split and had a legal seperartion. I don't know why they haven't divorced but this status must have an advantage over doing nothing. I'd really suggest speaking to a solicitor about what to do and how to protect herself.

Ronaldo_Mconaldo

Reckon the original post will be deleted by the OP pretty soon.

paddy's_mum

Ronaldo_Mconaldo wrote: »

Reckon the original post will be deleted by the OP pretty soon.

Why?

It hasn't become contentious or spiteful and the responses all offer sensible comment.

It's a new poster so no backlog of 'evidence' that threads are started just to provoke reaction.

I don't quite understand your viewpoint, sorry.

peachyprice

pigpen wrote: »

If she can prove it was used fraudulently then she should seek legal advice and have him prosecuted.. the debt may be in her name but surely the original transactions must be tracable back to him otherwise why did he have access to her bank/cards/paypal if he has been doing this for years?? It seems very strange that someone would be that silly.

I don't think she would get very far with a prosecution if she allowed it to continue beyond the first fraudulent transaction. If it had been a stranger making random payments into her account I bet she would have acted PDQ to put a stop to it.

Skintski

I'm confused so I'm going to use my own situation to check and clarify if that's ok. My husband and I have no financial links, no joint accounts, the mortgage is in my name only as is the house etc. If he racks up debt himself, are companies able to chase for just because I'm his wife?
Thanks

TBagpuss

Skintski wrote: »

I'm confused so I'm going to use my own situation to check and clarify if that's ok. My husband and I have no financial links, no joint accounts, the mortgage is in my name only as is the house etc. If he racks up debt himself, are companies able to chase for just because I'm his wife?
Thanks

No. Or rather, they can chase all they want, but you are only liable for debts if you signed up for them, either through a joint account, or as guarantor. Just being the spouse of the debtor doesn't make you liable.

Guest101

drewdall wrote: »

My son-in-law, while not having direct access to my daughter's Paypal account, nevertheless abused it by making fraudulent payments into it, to the tune of £12,000. Chargebacks were subsequently applied, Paypal assumed the debt and blocked the account, preventing my daughter from conducting her very tiny online business. Paypal are pursuing my daughter for the debt, while son-in-law refuses to help and, actually, continues to irresponsibly incur debt elsewhere.

Having separated as a result of years of this kind of financial abuse, she is left with nothing. Son-in-law, being pretty much inept at everything, will always be hopeless, but here's the thing: He is expected to receive compensation as a result of injuries sustained in a car accident, which could well be tens of thousands of pounds.

My question is this: Is it possible for my daughter to declare her husband bankrupt and thus get the courts to take control of this compensation when it is paid? - No.

If this course of action is not feasible, does anyone have any good advice? - Yes.

Many thanks, in advance, for your time and attention.

You do need to explain one thing:


SIL 'pays' £12,000 into her account. The money is then not received as it is 'fraudulent'. Paypal would simply deduct the £12,000 from the balance.


So where is the balance, if he did not have access to her account it sounds like she withdrew that money....