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  • FIRST POST
    • Scottish ms
    • By Scottish ms 4th Jul 19, 8:41 PM
    • 3Posts
    • 0Thanks
    Scottish ms
    Debt after divorce
    • #1
    • 4th Jul 19, 8:41 PM
    Debt after divorce 4th Jul 19 at 8:41 PM
    Hi

    I have been paying off joint debt through a repayment arrangement for the last 9 years since my husband and I separated. It's arranged via our local authority debt service and is not a trust deed, and he pays me half the amount. I am now in a position to clear my half, he could borrow against his new mortgage but won't and I want to improve my credit score as I have twins potentially going to uni in 2 years.

    I am not in a position to clear it all, has anyone been in this situation before and been able to split the debt which would be about 5k each. We both have similar income but I don't want to be left with paying it all!

    Any help greatly appreciated
    Thanks
Page 1
    • BAFE
    • By BAFE 14th Jul 19, 7:37 AM
    • 185 Posts
    • 183 Thanks
    BAFE
    • #2
    • 14th Jul 19, 7:37 AM
    • #2
    • 14th Jul 19, 7:37 AM
    Two of you have been paying off a debt for 9 years and there is still 10k remaining? Is that right?

    How much was the original debt and how much have you been paying per month?

    Also, why does your twins going to university mean that you need to improve your credit score?
    • tanny05
    • By tanny05 9th Sep 19, 11:13 AM
    • 5 Posts
    • 6 Thanks
    tanny05
    • #3
    • 9th Sep 19, 11:13 AM
    • #3
    • 9th Sep 19, 11:13 AM
    Had you asked for any Alimony when you had filed for divorce? That amount would have helped you to clear off your debts.
    • Pollycat
    • By Pollycat 9th Sep 19, 1:24 PM
    • 23,608 Posts
    • 63,664 Thanks
    Pollycat
    • #4
    • 9th Sep 19, 1:24 PM
    • #4
    • 9th Sep 19, 1:24 PM
    Had you asked for any Alimony when you had filed for divorce? That amount would have helped you to clear off your debts.
    Originally posted by tanny05
    It's an almost 2 month old thread.
    "Alimony"?
    That's a US term.
    We call it "spousal maintenance" here in the UK.
    And it's pretty rare.
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