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my wife and I are splitting up after 30 yrs.

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Jamesdmc80
Starting Member

1 Posts

Posted - 21 March 2011 : 12:56:35

my wife and I are splitting up after 30 yrs. The credit card debt(£30g) is in my name only. I can't pay it. She inherited a flat from her mother. there is £50g equity. I will soon be chased into bankrupcy. Does she own half my debts and do I own half her flat?

Richard P
Senior Member

United Kingdom
1701 Posts

Posted - 21 March 2011 : 13:32:12

Hi James

the easy straight forward answer is NO unless you have joint loans

however with every yes / NO there is a but, the flat will depend on your actual involvement paying of any bills etc

when you say chased into BR is that a creditor going to court soon or are they just threatening you.

Just to make certain that the BUT does not create you with further problems take some expert guidance.

Richard

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