| T O P I C R E V I E W |
| amanda.x |
Posted - 29 March 2010 : 11:16:47
if i declared personal bankruptcy if i got divorce costs awarded to me what would happen to the money |
| 7 L A T E S T R E P L I E S (Newest First) |
| amanda.x |
Posted - 31 March 2010 : 15:02:07
Hi
Thank you for your advice, you have all been very helpful.
Amanda
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| Bridgewood |
Posted - 31 March 2010 : 08:53:23
Hi Amanda
If the costs to your solicitor were unpaid, and the divorce settlement included his/her costs being paid then it may well be allowed.
If the costs have been paid by you borrowing from your new partner he is now one of your creditors, and you wouldn't usually be allowed to pay him in preference to your other creditors. |
| RHB |
Posted - 30 March 2010 : 18:08:11
BTW, it is extremely unlikely that you would be awarded costs because usually in a divorce each side pays their own. |
| RHB |
Posted - 30 March 2010 : 18:06:54
If you are bankrupt then any assets will go to the OR, including costs if the solicitor has been paid as you go along. |
| amanda.x |
Posted - 30 March 2010 : 09:45:12
Only my costs back possibly £2,000, i have borrowed the money from my new partner and want to pay him back with the money from my divorce but concerned if i declare bankruptcy before my divorce is finalised i will lose all the money and the reason for going bankrupt is because of a lenghtly divorce (2 yrs)
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| Housing |
Posted - 29 March 2010 : 19:14:44
Hi
Welcome to the Forum,
Are you expecting a large sum?
Richard
"There are no problems - only solutions" |
| RHB |
Posted - 29 March 2010 : 17:24:26
The costs would go to paying your solicitor I would imagine? |
