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Declaring himself Bankrupt

from Christine Singleton (Middleforth1@aol.com)
My husband is being chased for shortfall of £8,000.00. His ex-wife and her husband were evicted through non payment back in 1999. No contact was made by the Halifax until we received a shortfall letter. The Halifax have agreed to chase for £4,000.00 but no less. My husband cannot afford this. He has offered £1,000.00 full and final, but they have said no. He has told me he may have to declare himself bankrupt. Can anyone tell me what the implications are, will it affect me. The property we live in at the moment is in my name, I own it, I own a car and so does my husband, but his car is registered in my name due to a battle we had with the CSA. My husband has no assets at all, but he does work full-time ( he is talking about giving this up as well). We have both lost everything before and we are just trying to make a life for ourselves and our 4 children, we claim no benefits and neither one of us receives any child support form our ex partners. I myself have been on the verge of loosing my home before today, but managed to keep it, but I just do not know which way to turn.
(posted 7848 days ago)

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