A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Lines open: Monday to Friday 9am-5pm
Call for FREE expert advice & service info


What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Joint responsibility for debts

  • hippychick1
  • hippychick1's Avatar Posted by
  • Junior Member
  • Junior Member
More
23 Aug 14 #442790 by hippychick1
Topic started by hippychick1
My husband and I had accrued debts which we agreed to split in half (£25k each). Over the last 4 yrs I have repaid almost all of my half of the debt and paid off some of his. However, he still has a considerable amount outstanding. Will I still be liable for half of his remaining debts in these circumstances?

  • WYSPECIAL
  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
More
24 Aug 14 #442800 by WYSPECIAL
Reply from WYSPECIAL
Whose name are they in and how were they accrued?

  • hippychick1
  • hippychick1's Avatar Posted by
  • Junior Member
  • Junior Member
More
24 Aug 14 #442818 by hippychick1
Reply from hippychick1
Things like home improvements, holiday etc. The remaining debts are in his name.

  • WYSPECIAL
  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
More
24 Aug 14 #442820 by WYSPECIAL
Reply from WYSPECIAL
If you both benefited then would probably get included in the pot with the assets.

You would need to post more details on all assets, debts, income, ages etc for someone to comment.

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11