does my wife get affected if I go bankrupt

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caroline.6

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Post by caroline.6 » Fri Feb 15, 2008 7:33 pm
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does my wife get affected if I go bankrupt. Does she get tarnished with the same brush?
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Adam Davies

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Post by Adam Davies » Fri Feb 15, 2008 9:42 pm
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Hi
The short answer is no,however if you own a property then this would be at risk under bankruptcy and could affect your wife.Could you post details of your hous value ,mortgage,secured loans and if they are joint
Regards
Andam Davies
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MelanieGiles

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Post by MelanieGiles » Sat Feb 16, 2008 1:49 am
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Your wife's credit rating is very likely to be affected if you are declared bankrupt, but this will affect any future credit applications she makes rather than existing accounts.
Regards, Melanie Giles, Insolvency Practitioner
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