Responsibility for debt

During our 15 year marriage we encoured about £50000 of debt

12000 on a joint unsecured loan
38000 on credit card in my name but debt benefited both parties or for work related costs.

How is the debt divided during divorce.

We have £170000 assett in the house and an endowement worth £18000.

My wife is refusing to pay for anything where do I stand ?

Many thanks

Duncan

Basically anything she signed for in her name or in joint names is her responsibility. Anything you signed for in just your name is down to you.
With a joint debt you are each responsible for the FULL amount, so if one of you isn't paying their share the other is liable for it.
Sounds tough but that is why you need to prove the other person is "jointly and severally liable for debts within the marriage", receipts for goods,etc.
If I am wrong other people will soon let us know!

my ex hasn't paid anything for 2 years, i have had all the threats off loan companies etc. she just ferused to pay and they have hounded me. i am now left with a threat of repossesion. been defaulted on credit cards and i wont be able to get credit for the rest of my life. you need to sort it out quick or you will lose everything. go to CAB and get them to contact the credit card companies. offer them something you can afford, just dont ignore any debt. its damage limitation. mine is living debt free with her new partner and i have been left with nothing but threating letters and phone calls, she just ignores any sent to her. i have to give mine £13k and take on all the debt or i will be homeless. i cant get a re mortgage because my credit rating is now s**t. you need to seek advice and quick. dont be bullied by your solicitor i was and if it wasn't for a friend who helped me out it would be worse. she is now taking me back to court as she wants more than we have already agreed on. i know how you feel but believe me it can only get worse if you let her get away with it. i could not afford a solicitor and when i got legal aid it took 2 months for hers to reply and things just get worse. one consolation is the kids don't want to know her and live with me. when it comes to money woman are greedy and want everything, the law is on there side even now in the days of equality. everybody will tell you she can't get away with not paying anything but she can if you live in the house. my philosophy now is dont trust anyone especially people who can make money out of you. solicitors are the only winners

Sorry but I will take issue you with your assertion that women are greedy and wnat everything!
My situation is the opposite!!
My ex and I have huge debts between us and personally. I am having to pay mine and the joint, and the mortgage and keep the children.

After 18 years of marriage if this is how it looks to settle. I take my debt, he takes his, I keep the house (and the negative equity) so I will take 85% of the debt and he 15%.

Not the usual way round for a woman that is greedy??

and the reason for this my ex can't find a job ... so no maintenance either.

soulmanuk wrote:

woman are greedy and want everything, the law is on there side even now in the days of equality.

Soulman,

Everyone here has an opportunity to vent, rant, express all their woes, and feel supported in whatever problem their divorces have broght them. Regarding your financial crisis you have my support. Sorry - I can't lend you a tenner, but I sympathise.

However; your post suggesting that:

"all women are greedy" just gets my back up. I'm not and I know that many WikiWomen are not either.

Your personal experience is that the women you married had some debt problems, and she obviously can't face that; and has run away from the issue, but don't tar us all with the same brush please.

I've just been scammed also. My professional girlfriend is trying to hold her marriage together and re-pay her husbands cedit card debts, risking losing everything in the process. The experiences of women here tell of many injustices; (personal and legal)and we suffer as much.

the word greed means to desire or want more than one needs. how many woman have more clothes, shoes and handbags etc that they dont need? society is geared up for the greed of woman. it's all clever marketing. i don't know the statistics but i bet there are more woman in debt through using credit cards to buy things they don't need than there is men. how much of the joint debts are the mans, if you sit down and think what was bought to amass the debt it wont be 50-50

Hi Soulmanuk

I understand and sympathise with you that you married a woman with debt problems and that you and your children are suffering as a result, but I really don't think that your attitude that ALL women are the same is fair.

My husband had to have the latest and most expensive 'toys', second best just wouldn't do. He also has to have designer shirts, jeans etc. (which is why we are £35,000 in debt) whilst I buy my clothes in Asda. Yes there are lots of women who spend recklessly, as there are men.

For your own sake and that of your children I really think that you need to reassess your thinking, you have obviously been very hurt by this woman but there are good women out there. Please don't rule out your chances of finding happiness again with someone else just because you married a 'bad apple'.

Take care

Mad x