debt free wannabe (huge financial family mess)

MFWannabe

late2024 said:

Thank you all for your support.

The sale of the business did not bring any money, but instead covered some of the debt.
With regards to the holiday, DH is just creating more debt; he shouldn't have gone on holiday at all. But he is going to visit his mum, as he is still VERY, VERY attached to her, even after 28 years of marriage.

We do not have any joint bank accounts, except one, which is hardly used any more. So, yes, I could say, we have separated our finances. I am also trying to establish a new rule:
we have to pay the mortgage 50-50 and also the utility bills (except the electricity bill, which I told him he has to pay 100%, as his business uses a lot of electricity).

And yes, I will make some time for myself and to catch-up with my friends.

Have you managed to save your house from repossession? 

RAS

late2024 said:

We do not have any joint bank accounts, except one, which is hardly used any more. So, yes, I could say, we have separated our finances. 

So you have still not separated your finances?

One account hardly used creates, or maintains, a financial association which damages your credit record.

Please get that sorted pronto. If it's got debt associated with it, then it needs clearing before closing.

late2024

Hello again after a long time

I have now disassociated myself financially from my husband (or ex, rather), but we still have a joint mortgage. Is that still going to affect my credit score, I wonder…
I am also thinking about doing the severance of property, so it will be tenancy in common, rather than joint tenancy. I hope this will help with the (very likely now) divorce.  

elsien

The joint mortgage will affect your credit history, which is the important bit, because it is still a financial tie to him. 

late2024

Thank you @elsien. Luckily I am up to date with the mortgage payments. (As he is not contributing at all, so I am managing that).
The joint account was bothering me, but that’s now resolved.