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hairandbeauty
New Member

71 Posts
Posted - 18 June 2010 :  23:07:32  Show Profile  Reply with Quote
Hi guys

2 questions

1) I have a joint account with my husband, i am going bankcrupt, if i take his name off the joint account can the overdraft be included in my bankcruptcy?

2) will they take my husbands income into consideration in whether i will need to do a payment order after my bankcruptcy?

RHB
Senior Member

1159 Posts
Posted - 19 June 2010 :  08:21:25  Show Profile  Reply with Quote
1) no

2) He will be expected to pay his share of household expenses. Does he have debt too?
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hairandbeauty
New Member

71 Posts
Posted - 19 June 2010 :  10:54:26  Show Profile  Reply with Quote
so what would happen to the joint account debt would that all go to him?

2)he doesnt have any debt apart from the join overdraft
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RHB
Senior Member

1159 Posts
Posted - 19 June 2010 :  12:30:25  Show Profile  Reply with Quote
Yes you are jointly liable so he would have to pay that debt off.
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Skippy
forum expert



United Kingdom
3290 Posts
Posted - 19 June 2010 :  12:35:53  Show Profile  Reply with Quote
I didn't have to give any details of my partner's income, only the amount he contributed to the household expenditure.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

35 IPA payments made, 1 to go - 19 days and counting!
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