Posted: Thu Mar 29, 2007 7:56 pm
My hsuband and I have been separated since September 2005 and living apart since February 2006. He has amassed £40K in debt (in his name only). As security for our small child he wants to transfer the title deeds of our house into my name so that he can then declare himself bankrupt so that he can start paying me money for our child.
At the moment he is left with £240 per month which has to cover travelling expenses, petrol, food and other living expenses for hismelf only and has £900 in VISA payments alone. I have spoken to my solicitor who has said that the courts may consider my husband and I to be declaring a fraudulent bankruptcy claim in order to protect the house. Obviously this is not the case, the debts are my hsuband's for which he feels incredibly guilty and there is no hope of a reconciliation.
My solicitor has told me that my husband should get his own solicitor to advise and act on his behalf as this will be considered demonstrating proof that he/we are not being dishonest/making a fraudulent claim.
So basically, what do I/we need to do to secure the house as a future for my son?
Any advice most welcome.
At the moment he is left with £240 per month which has to cover travelling expenses, petrol, food and other living expenses for hismelf only and has £900 in VISA payments alone. I have spoken to my solicitor who has said that the courts may consider my husband and I to be declaring a fraudulent bankruptcy claim in order to protect the house. Obviously this is not the case, the debts are my hsuband's for which he feels incredibly guilty and there is no hope of a reconciliation.
My solicitor has told me that my husband should get his own solicitor to advise and act on his behalf as this will be considered demonstrating proof that he/we are not being dishonest/making a fraudulent claim.
So basically, what do I/we need to do to secure the house as a future for my son?
Any advice most welcome.