Thanks
Problem is he signed his half of the house over to me a little while back, didnt realsie he had loans.
As he moved away from home, then got debt
Since getting back with him, i have found out about debt.
If he goes bankrupt believe they can ask for equity in house. he has only contributed to 4 years in total out of possble 12, as we split up for a long period over 7 years.
My concern is that he has to face up to what he has done, but i dont want to be penalised for what he has done want the best possible outcome.
He since lost his job and has gone self employed but doctor states his condition will worsen, it maybe he could be ok in 5 years who knows, nothing is safe these days,
So fear bankruptcy will affect us all,not only has he got into serious debt, but family home could be at stake.
With an iva would they only ask for realase of equity on the basis of how many years he has actually contributed to the mortgage.
This is so hard to comprehend, in hindsight i should off taken him off mortage when he initially left 10 years ago, but wanted to keep things amicable.
