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Posted: Thu Mar 13, 2008 2:42 pm
by anfieldbabe
can you bankrupt seperatly we have a joint personal loan together of 24000 i have a couple of debts myself but wot if hubby is against bankruptcy can i do this on my own or does it have to be both of you
Posted: Thu Mar 13, 2008 2:48 pm
by aguise
Hi there, If only you go bankrupt, then they will look to your husband to pay the joint loans , the bankrupcy will cover you but not him.
Ang
Posted: Thu Mar 13, 2008 2:51 pm
by vickir
Its like having an overdraft on a joint bank account, if 1 is bankrupt - the bank will look to the joint holder to pay x
Posted: Thu Mar 13, 2008 2:52 pm
by anfieldbabe
cheers ang tyvvm
Posted: Thu Mar 13, 2008 2:54 pm
by anfieldbabe
i have got a appointment at cab on 18th march so ill wait til then to make any decisions has i am not able to go into a iva or dmp because there is no disposable income left over has i have 3 kids has well my hubby is full time i work part time(we dont earn a lot) i would have rather have paid the debts back but if br is the only wtg then i have no other option
Posted: Thu Mar 13, 2008 2:58 pm
by chris.g
Your hubby will be chased for the loan, he is as liable as you and they will chase for the full amount.
Posted: Thu Mar 13, 2008 3:02 pm
by Reviva UK
Hi Anfieldbabe
following on from our chat if you need Mr Manubabe to have a chat in the evening / weekend I will be happy to do so
It may be that he has some fears that are not actually founded and perhaps some reassurance may help him with the decision