Hi, I'm after some straight up advice as to my options. My wife intends to file for Bankruptcy after announcing she has loans coming out her ears that she has not told me about. The ones i now know about amount to around £40k but i guess history has taught me there could be more. My question is, is my house at risk? We have been married 18 years, she has lived in my house for 20 years and never paid a penny towards the mortgage which is solely in my name. Any advice would be very welcome. Thank you.
I think you need some professional advice as soon as possible.
Although your house is in your sole name, and you have paid the mortgage, it can get more complicated than that.
I'm guessing your wife works as well as yourself if she has been able to obtain loans?
-------------- Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated. Professional advice should always be sought.
I would contact an expert for some free advice. There are several who post on here and whose details can be found under the expert link on the left hand side of the page.
Ascend may you find no resistance Know that you made such a difference All you leave behind will live to the end The cycle of suffering goes on But memories of you stay strong Someday I too will fly and find you again
Whatever you find out, can you also post here so that others watching the forum can benefit from your experience.
-------------- Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated. Professional advice should always be sought.