2007-11-28 06:58:05 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
As you are married your assets are considered to be shared. So if you own your home and make yourself bankrupt she would keep her share but they would put a charge against your half. I'm fairly certain that you can go bankrupt without your wife. If you have a joint account get her to open her own account and put her money in there. I would not suggest that you try and squirrel away money there as this would probably be looked into and they would likely come down hard on you for it.
2007-11-28 09:51:07 · answer #1 · answered by Dimples 4 · 0⤊ 0⤋
When you are married you both share the income and assets. Any negative effects it will have on you will also transfer to your wife. Try your best to get out of that hole! Good luck hun.
2007-11-28 07:05:03 · answer #2 · answered by shadowsthathunt 6 · 0⤊ 0⤋
Assuming you're talk Naturalisation (getting citizenship) Then that's based on your spouse's sturdy status... in case you're conversing approximately her ability to get ILR (everlasting residency), then if it impacts your ability to furnish funds between the pair of you... Then in all likelihood, however the relationship is oftentimes the familiar element, or perhaps financial ruin is meant to depart you with adequate to stay to tell the tale .. the financial standards. this is not you that's making the applying.. So it is going to no longer impression, would desire to it ?
2016-11-12 23:24:13 · answer #3 · answered by gurucharan 4 · 0⤊ 0⤋
yes, when you are married to someone legally their money is your money/your money is their money; their debts are your debts/your debts are their debts.
I don't believe you are allowed to declare bankruptcy without including your wife in the bankruptcy and if for some strange reason you can go bankrupt without her in the deal, the your creditors can now go after her for her to pay your debts.
2007-11-28 07:08:01 · answer #4 · answered by Invisigoth 7 · 0⤊ 0⤋