All Forums  archive  Forum Questions  My husband and I used to save each month by buying company shares

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Angela.y[/i] [br]My husband and I used to save each month by buying shares in the company he worked for. This was a scheme offered by his employer which allowed him to buy shares tax free out of his salary and put them in trust for 5 years. This obviously resulted in reduced take home pay and meant that I contributed more to the household expenditure to allow us to make those savings. We always regarded these as joint savings !! However when my husband was made bankrupt the receiver took all these shares and sold them against the debt. He said that since they were thru a company scheme and they were in my husbands name only, I had no claim on the asset... Is this correct ? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.