My husband and I separated 2.5 years ago, at that time we sold the family home and I received virtually all the equity to purchase a new home for myself and our children in my sole name. My husband is now bankrupt due to debts he built (in his name only) up since our separtation. Will his liquidators be able to come to me for any money
I take it you are divorced with a court stamped consent order? If not then there is a chance that the trustees will come after your husbands 50% of the equity
Thanks for all your replies - no unfortuantely we have no court stamps in regard to our agreement. Basically I got virtually all the equity from the house in return for him paying reduced child maintenace. All his debts were built up post our separation and house sale.
Unfortunately, child maintenance can no longer be off set against the house so your home will in all probability have to be sold at some point to release his equity unless someone can lend you money so you can negociate with the trustees to purchase his beneficial interest?
My husband and I separated 2.5 years ago,
Posted - 24 September 2009 : 22:04:25
