My partner is now fully divorced, had to wait 8 years now for his % out of fmh. (Children now 10 and 13)
His financial agreement via the Court was very harsh indeed. His health or financial position was not taken into account AT ALL. He has undergone major open heart surgery, where he nearly didn’t pull through and has since struggled to get full time work.(he’s 55 years old)
He was left with almost £40,000 of marital debt(unfortunately all in his name). We have struggled financially to pick ourselves up and get ahead. We are renting, and we want to get married. My main concern is: If we were lucky enough at some point in the future to ever buy a small property in my name) he has no credit score, or large enough income), would creditors come to me/us for first marital debts.
It’s all so wrong as ex is living in a £350,000 house(which we believe her parents have settled the mortgage on), has an abundance of income, new clothes, cars etc and benefits from items, like furniture, carpets which these marital debts were for!!!!
Makes my blood boil, and causes us anxiety and Ill health.
All hats of to you for being so supportive at a very difficult time, as long as the debts are being paid regularly there should be no problem. I had a friend who got married to a person with a lot of debt, but was still able to buy a house in there sole name as they had an excellent score with a good income so my gut feeling would be as long as you meet the criteria I would not perceive a problem.
I understand your feelings as from what you say it does sound rather harsh and unfair sadly for many it takes years and years to recover. The good thing is together you can get through it and have a happy future.
Thank you for your reply.
Unfortunately, he paid them for many years, but due to illness, forced homelessness due to divorce etc they have lapsed.
We are still impoverished, as we were both self employed and re-located to a cheaper area to start again.
We are both tired and spent out from all the moving, Court cases(divorce and then fighting for the children-1000’s of pounds spent!!)
And then traumatised every time the ex buys a new item of designer clothing, perfume, electronic gadget, totally ruining the children, on a part time wage, living in this paid for house(by my partner), gloating!!
How can that be fair or right???
And how does it give you the incentive to be able to move on?
We’re both in our late 50’s and ex is mid 40’s!!!!