I HAVE A COUPLE OF QUESTIONS REGARDING FILING BANKRUPTCY I HAVE DEBT AROUND £30.000 ALL IN MY NAME MY WIFE HAS DEBTS OF £11.000 ALL IN HER NAME BUT ALL THE DEBTS ARE PAYED OUT THRU WHAT I EARN ONLY AS MY WIFE HAS NO INCOME CAN YOU ADVISE US WHAT WE CAN DO WE HAVE ONLY SPARE £200 AT END OF EVERY MONTH AND WE HAVE A CAR VALUE £4500 WHAT I DEPEND ON TO GET AND FROM WORK WHAT IS AROUND 300MILES A WEEK ANY ADVICE BE SO GREATFULL
its not ideal i know but realisticly, if you want rid of the 11k as well then your wife may be aswell filing for br aswell, as itll cost you to sign them over to you. the or wont accept these debts as yours so, youll be left br and your wife will still be left with 11k debt and i doubt very much that the or will be happy that YOU are paying for these (preferential treatment) also if you do have £200 left over the or is likely to want around half...the car also may be taken, although you may be able to claim a decent amount back??? (for a cheaper car) as needafriend says...give them a ring, its never as bad as it seems.