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 Hi My Wife has been declared bankrupt
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Bob.99
Starting Member



3 Posts

Posted - 15 September 2011 :  17:15:13  Show Profile  Visit Bob.99's Homepage  Reply with Quote
Hi
My Wife has been declared bankrupt since we both signed a for a debt, we are now being chased for that debt and they have now recognised this, but am I now responsible for the whole of the money outstanding

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 15 September 2011 :  17:34:37  Show Profile  Reply with Quote
Hi Bob,

If it's a joint debt then yes, you are liable for the full amount.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Bob.99
Starting Member



3 Posts

Posted - 15 September 2011 :  18:09:48  Show Profile  Visit Bob.99's Homepage  Reply with Quote
quote:
Originally posted by Viki.W

Hi Bob,

If it's a joint debt then yes, you are liable for the full amount.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/



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Bob.99
Starting Member



3 Posts

Posted - 15 September 2011 :  18:10:57  Show Profile  Visit Bob.99's Homepage  Reply with Quote
Bad news, but many thanks Vicki

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