| T O P I C R E V I E W |
| Julie.29 |
Posted - 28 June 2012 : 13:34:32
Hi i am looking at going bankrupt as i cannot pay all my debts off however i live with my partner who ownes her own house, would me going bankrupt effect her and the house. |
| 4 L A T E S T R E P L I E S (Newest First) |
| debtinfo |
Posted - 28 June 2012 : 18:12:33
How long have you loived with your partner?
Have you contributed to the mortgage, household bills, home improvements etc,
Is there equity in the property? |
| Niobe |
Posted - 28 June 2012 : 16:59:44
As well as the CAB you can also speak to one of the experts that post on here - the advice is free.
Ascend may you find no resistance
Know that you made such a difference
All you leave behind will live to the end
The cycle of suffering goes on
But memories of you stay strong
Someday I too will fly and find you again
|
| year 2029 |
Posted - 28 June 2012 : 14:53:59
Hi Julie,
Whilst your bankruptcy doesn't impact directly on your partner and their house, ultimately their income will be taken into account that they pay half of all your joint bills or there abouts.
This would come into effect if you're subject to an IPA or IPO.
Have you taken the first step to taking advice from your local CAB yet?
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
| Niobe |
Posted - 28 June 2012 : 13:44:33
Hi and welcome
If you have no joint debts or financial associations then it will not affect your partner at all.
Ascend may you find no resistance
Know that you made such a difference
All you leave behind will live to the end
The cycle of suffering goes on
But memories of you stay strong
Someday I too will fly and find you again
|
