HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 Forum Questions
 I am seriously thinking of declaring myself br
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

flynn1224
Starting Member

3 Posts

Posted - 20 January 2010 :  20:08:04  Show Profile  Reply with Quote
I am seriously thinking of declaring myself bankrupt, but my wife has questions which I cannot answer, can you please help? Firstly she works for DSP currently in finance and is concerned this could affect her position. Secondly she is concerned that her credit could be affected, should she wish to obtain credit in the near future. All of the debts are solely in my name and we do not have any assets as such, ie we rent and the car is in her name. Many thanks in advance

chester2005
Average Member



United Kingdom
786 Posts

Posted - 20 January 2010 :  20:51:22  Show Profile  Reply with Quote
hi and welcome to the forum
if you declare BR it should not affect your wife unless there were any joint debts , after your BR they would pursue her
her credit rating should not be affected nor the address you live at.
credit files are individual
her file might show financial association with you (if you have joint accounts)but your BR will make no difference to her credit file or score

Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
Go to Top of Page

flynn1224
Starting Member

3 Posts

Posted - 20 January 2010 :  20:55:14  Show Profile  Reply with Quote
thanks chester, but you say they will pursue her??? who are they?
Go to Top of Page

chester2005
Average Member



United Kingdom
786 Posts

Posted - 20 January 2010 :  21:34:38  Show Profile  Reply with Quote
any joint debts are generally held joint and seperate so if you have joint debts the creditors of these debts would pursue her for the debt after your BR
if you have no joint debts then you have no problem


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
Go to Top of Page

flynn1224
Starting Member

3 Posts

Posted - 20 January 2010 :  21:43:57  Show Profile  Reply with Quote
Great thanks. I shall keep posting my series of events in the hope I too can help others.
Go to Top of Page

Housing
Senior Member



United Kingdom
1399 Posts

Posted - 20 January 2010 :  23:31:40  Show Profile  Reply with Quote
Hi Dave,

Just trying to recall the quote from Baz Luhrmann that you use as your signature. I do not immediately recall it - I remember the song Everybodys free (to wear sunscreen) from the 1990s. Is it from that song?

Best regards and hope that your problem with the prosthetics has been sorted. Good luck to you my friend, Richard

quote:
Originally posted by chester2005

any joint debts are generally held joint and seperate so if you have joint debts the creditors of these debts would pursue her for the debt after your BR
if you have no joint debts then you have no problem


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!



"Life is generally something that happens elsewhere" (Alan Bennett - author and hero of mine!!)
Go to Top of Page

chester2005
Average Member



United Kingdom
786 Posts

Posted - 21 January 2010 :  12:15:09  Show Profile  Reply with Quote
Thanks for the thought i'm at prosthetic clinic now waiting while they adjust a leg!!!
Yes Richard it is from that song if you google the lyrics you will probably agree the song has plenty of truths in it.
I credit Baz Luhrman with the quote but he did not actually write the song only sang it

Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06