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 what effect will this have on my wife?

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T O P I C    R E V I E W
grahamdh Posted - 14 October 2008 : 09:30:55
If I go bankrupt, what effect will this have on my wife?
Will she be allowed to keep her car (£7K value and registered in her name)?
Does the OR have access to her bank account, or will want to see statements?
Can she keep her credit cards (all zero balance)?
2   L A T E S T    R E P L I E S    (Newest First)
Needafriend Posted - 23 October 2008 : 13:52:37
Hi Graham

Welcome!

I would give the helpline a call that way we can help you with a correct plan of action and also put your mind at rest.

Sometimes to hear a verbal answer is better than just posting, the number is free and please leave a name and number and someone will get back to you.

That number is

0800 078 9367

Best of luck

Take Care

Jo x


Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Needafriends Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
movin on Posted - 14 October 2008 : 09:38:34
Hi grahamdh

Im certainly no expert, however i went BR (myself) yesterday.

You may be able to fnancially disassociate your self through the credit reference agencies (john, one of the experts here suggested i do this), so basically you will each have your own credit file and nothing will be linked.

My hubby has got a car in his name and although i had to declare it (because i use it) it will not affect him as he is not responsible for my debts.

As far as im aware they will only have access to your accounts.

Do you have anything in joint names? if so it will be worth posting here to let the experrts advise you further.

Again, my hubby is keeping his credit cards and they have outstanding credit on them.

Hope this helps a little

Jenny

The weights are coming off my shoulders very slowly, but making such a big diference !!

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