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 I am married and have debts that are all mine

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T O P I C    R E V I E W
Alex.un Posted - 19 January 2012 : 15:13:00
I am married and have debts that are all mine. I have 2 properties with my husband that we rent out. I was wondering if i could sign these houses over to him and go bankrupt. So he won't lose the house's. He has paid for the house's put the deposits down and i have ran all the debt up. I don't think our relationship will hold together if his lose's everthing he's worked for. Can anyone give me any advice ??
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Viki.W Posted - 19 January 2012 : 15:39:55
Hi Alex, you won't be able to sign the houses over to him before bankruptcy as they can just reverse the transaction. I suggest you speak to an expert regarding this and your situation as the properties may be at risk.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/

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