Request Call

Speak to a specialist adviser today
for a no-obligation chat.
First Name
Last Name
Phone Number
Are You Curently Bankrupt

Latest Headlines

Need quick advice?

Ask an expert now and get an answer within the hour. Easy and FREE

Searching for information?

Visit our FREE archives and find the answer to thousands of questions.

Wednesday, 16 February 2011 15:15

If I Go Bankrupt Does My Husband Have To Go Bankrupt Too?

Written by  Jon
Rate this item
(0 votes)
I am a home owner and cannot afford to sell my home due to negative equity and have been deliclined consent to let from mortgage company. Myself and my husband have now relocated and are living in a rented house due to my husbands new employment stipulating that he has to live within a certain distance from work and the owned home is stood empty.

I am the only person named on the mortgage as i had the house prior to myself and my husband meeting and am currently a full time mum so have no employment income and my husband is supporting a family of 4. The mortgage is now just about impossible to pay along with paying out rent.

 If i was to go bancrupt basically just to cease responsibility in the house what do i need to do due to being unemployed and would my husband have to go bancrupt too?

Answer:  Being employed or unemployed makes no difference in going bankrupt except that you may be required to pay into a bankruptcy if working.  In bankruptcy either you are insolvent or you are not.


If you have no joint debt or assets with your husband, and as you say you do not, just because you are going bankrupt does not mean your husband has to go bankrupt as well.


I hope this has answered your question.

For more information and assistance, please complete our eligibility form at our web site or ring us at 0800 0029951.



Comments (0)Add Comment

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.


Insolvency calculator

Find out the best debt solution for you with our simple calculator:

Total Debt:


No of creditors:


Monthly income:


Monthly expenses:


Own home?

Yes No

Recent Activity

dawnlougib, Jon replied to the topic Re: HMRC in the forums.
37 days ago
dawnlougib created a new topic HMRC in the forums.
38 days ago
Jon, yknivag replied to the topic Re: Bankruptcy Questions in the forums.
54 days ago

Our Services

If you have a serious debt problem, bankruptcy can free you from your debts within 12 months. As a solution for dealing with serious debt, bankruptcy is a last resort. Other debt solutions need to be explored first, to help determine if bankruptcy is the right debt solution for you.


Your financial affairs are put into the hands of an Official Receiver or Trustee, who will control all your assets - and if you own a property, this will also be included. These will be sold and the money used to pay as much as possible to your creditors.


There are consequences to bankruptcy which will affect your finances and work life. You may struggle to borrow money, for example, and will not be able to apply for certain jobs.


For some, bankruptcy is the right option and will put an end to pressure from creditors. Our team of experts are on hand to advise on the best solution to your debt problems - call now on 0800 002 9951.


Browse Categories