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 How will my debt affect my new spouse ?		  New Topic  Reply to Topic
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Karen.z
Starting Member



5 Posts
Posted - 28 January 2012 :  08:56:22  Show Profile  Visit Karen.z's Homepage  Reply with Quote
If I am now remarried and debt is solely mine how will this affect my new spouse

Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 28 January 2012 :  09:52:00  Show Profile  Reply with Quote
Hi Karen,

Can you please post a few more details about your situation.

Do you own a home with your new spouse, or have any joint accounts?

Are you thinking of bankruptcy?



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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Karen.z
Starting Member



5 Posts
Posted - 28 January 2012 :  09:56:38  Show Profile  Visit Karen.z's Homepage  Reply with Quote
I don't joint own any property with my new partner
I owe my house which is vacant
We have a joint bank account but nothing in there!
I have had a bankruptcy order placed on me and my vacant house
What should I do?
Will this affect my new partner or anything he owns ?
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Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 28 January 2012 :  10:44:43  Show Profile  Reply with Quote
As you have a joint account, you are financially associated so the credit agencies will have this information which may affect his credit rating.

If the joint account is in credit, then depending on how much is in there (eg, savings) then the official receiver may want your half.

The bank account may be frozen so it may be best that your husband opens a new fresh bank account.

His belongings and assets will be safe if they were bought by him.



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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