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Joint responsibility for debts

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hippychick1
Posted by
Junior Member

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
Moderator

24 Aug 14 #442800 by WYSPECIAL

Reply from WYSPECIAL

Whose name are they in and how were they accrued?

hippychick1
Posted by
Junior Member

24 Aug 14 #442818 by hippychick1

Reply from hippychick1

Things like home improvements, holiday etc. The remaining debts are in his name.

WYSPECIAL
Moderator

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.

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