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Read our latest Financial Settlements guide (2021) 

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.

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  11. Joined account after divorce

Joined account after divorce

  • Katka
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20 Jan 16 #472661 by Katka
Topic started by Katka
Hi, my name is Kate.
I''m divorced more than 6 years. But we still have a joined bank account together because he has been using that account for all those years. I didn''t touch that account at all.
I didn''t have a reason to worry until now. He made a debt 1500£ and the bank sending me papers and making me nervous... He is not living in the Uk anymore. Please, could you tell me if I can do something about my situation? I would be grateful for your help. Thank you.

  • TBagpuss
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20 Jan 16 #472664 by TBagpuss
Reply from TBagpuss
Unfotuantely if there is a joint account then you do have ''joint and several liability'' for any debt on that account.

You can freeze the account to stop any additional debt building up.

  • WYSPECIAL
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20 Jan 16 #472669 by WYSPECIAL
Reply from WYSPECIAL
Get the account frozen before anymore money is withdrawn.

Worst case scenario is you will have to pay it back.

Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Shezi, Linda Sheridan, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11
  1. Advice
  3. Financial
  5. Advice-Forum
  7. Financial
  9. Debt and Bankruptcy
  11. Joined account after divorce