CAB suggested that he offer the creditors £1 per month until he has secured a regular income?

I guess that bankruptcy would entail his business assets including van and tools to be taken away?

Would that have any impact on me and my credit/possessions?

My boyfriend has recently discovered that his previous partner has been hiding debt letters, and his debts are spiralling out of control. We currently believe the figure to be in the region of £20k but we're not sure. Some of the debts are not showing on experian/equifax checks. He has recently loca...