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 bankruptcy postbag for july
 are my sole assets safe
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michelle.b
Junior Member

170 Posts

Posted - 29 July 2008 :  23:16:55  Show Profile  Reply with Quote
My husband had his flat reprossesed in the early 90s and there was a shortfall of £35kish, he ignored all letters from them until before we were married about 5 years ago and has been paying £25 a month. This debt was long before he met me, am i liable as they just keep chasing him for more money. They do not know he is remarried as he was married to someone else when this debt occurred, he signed a disclaimer so his first wife is not liable for the debt. He is unemployed and gets £60.50 benifits but he is concerned for me and my home which he does not have any claim too as it is all in my sole name as i did right to buy before we were together. Could he go bankrupt and are my sole assets safe even though we are now married?

Suzanne
Average Member



United Kingdom
869 Posts

Posted - 30 July 2008 :  08:49:11  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi Michelle

The only way any Trustee could have any claim on your property is if your husband makes a contribution to the household. If he is on benefits then it is unlikely he is.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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