My wife and I currently have some debts which were taken out in my name only - one consolidation loan plus a couple of credit cards.
I was just wondering where I stand on these - is it the case that, because they''re in my name, I just have to accept that I''m responsible for them? My wife does currently seem to appreciate the burden that will be on me and, as such, is not sticking the arm in over maintenance, but I''m concerned that in the future she mightn''t be so accommodating.
Well when I left three months ago we had £12 of debt 6k in my name (although marital) and 6k joint so she doesn''t have to pay any of mine but does have to pay half the joint so I''m left with 9k her 3k. We''ve not started the divorce yet so I''m hope when we start it''s gets put back together and classed as martial debt. I''m hoping but not holding out for it.
In theory these will be classed as joint debts as they occurred during the marriage. However, if your wife claims to know nothing about them it will be down to you to prove otherwise. This might include bank statements showing repayments from a joint account, or the actual loan itself being paid into a joint account.
Thanks for that. The debts were all paid into a joint account and it could definitely be shown that she was aware of them as one of the credit cards was used initially to help her set up her business. I don''t think it''ll get the stage of her denying any of these things, but you never know. I never thought we''d be were we are!