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Graham.10
Starting Member
2 Posts |
 Posted - 22 February 2011 : 12:17:24
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| Hi, I have unsecured debts of 50000, jointly with my ex-wife. I now am living with someone else, and paying her rent. If I went bankrupted would any if her assets be taken into account. |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 22 February 2011 : 12:32:39
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Hi and welcome,
No, your partners assets will be quite safe.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
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Graham.10
Starting Member
2 Posts |
Posted - 22 February 2011 : 13:00:42
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Thanks, but what about the fact I'm giving her rent, would I need a tenancy agreement of something ?
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 22 February 2011 : 13:14:39
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You possibly would need one to prove to the OR that you are paying her rent.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 22 February 2011 : 14:21:37
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Hi Graham,
it's highly unlikely that your partners assets would be considered. When the case clerk at the OR office does the initial searches, they will do a search on the land registry, to establish who owns the property, if its just in your partners name, then no further action is taken.
But as Kallis said, you would possibly need some sort of agreement to show that you are paying rent as part of your expenditure.
Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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Would partners assets be taken if I go BR ?
