Note: You must be registered in order to post a reply. To register, click here. Registration is FREE!
T O P I C R E V I E W
kazy1
Posted - 10 November 2008 : 10:33:58 Hi, woke up at one this morning worrying one of my creditors on my BR are in joint names they actually have a levy on my stuff is it still ok to pay them as the debt is in both names and it would fall to my husband?.
3 L A T E S T R E P L I E S (Newest First)
Needafriend
Posted - 10 November 2008 : 14:31:11 Hey Kazy
Thats good news.
Have a great day.
LOL
Jo x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Jo's Links and added info on Bankruptcy! http://debtfreejo.blogs.bankruptcyhelp.org.uk/
kazy1
Posted - 10 November 2008 : 13:47:28 Hi I phoned my OR and he said it wasn't a problem paying them as he had noted it on my SOA and technically it was OH paying not me
Thankyou
Kazy1zzzzz
go_4_broke
Posted - 10 November 2008 : 11:12:25 Hi kazy
Most joint finance comes under 'joint and several liability'.
That means they can pursue either of you or both.
Or in other words, if you become bankrupt they will most likely pursue hubby.
Best Regards
'Bankruptcy - an elephant from the front - a mouse from the back'