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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
 Posted - 10 March 2008 : 23:17:22
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Hi Gareth
Lots to consider with regard to bankruptcy so you really need to understand what you are doing and what the consequences are.
If your wife is now an ex then only debts in JOINT names are goint to effect her. I.E. if you went into Br then your liability for the bank account would be ended but the bank would then pursue her for the full ammount.
If she has not had anything to do with the account for a significant time then it may be possible for you both to ask the bank to separate the account and perhaps you each take a proportion of the debt.
How large is the O/D?
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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Will bankruptcy affect ex-wife ?
