Would really appreciate any help/thoughts on this
I have a friend who will most likely be going bankrupt in a few months.
At present he is living with his girlfriend , If he goes bankrupt ,will his girlfriend have to declare her earnings to the official assignee as well?
They share some bills such as rent, gas, electricity,internet (not food as shes vegetarian and he eats meat). but outside these shared expenses they do not share their earnings whatsoever.
As this is his problem and debts he does not want her to have any involvement in his financial affairs and vice versa.
In fact he feels that if she is dragged into this, she may want to break up with him.
Would they be in a better position if he moved out of his current apartment with her and just rented a place with someone else ?
He cannot afford a place on his own at present.
Thanks
Dave
I have a friend who will most likely be going bankrupt in a few months.
At present he is living with his girlfriend , If he goes bankrupt ,will his girlfriend have to declare her earnings to the official assignee as well?
They share some bills such as rent, gas, electricity,internet (not food as shes vegetarian and he eats meat). but outside these shared expenses they do not share their earnings whatsoever.
As this is his problem and debts he does not want her to have any involvement in his financial affairs and vice versa.
In fact he feels that if she is dragged into this, she may want to break up with him.
Would they be in a better position if he moved out of his current apartment with her and just rented a place with someone else ?
He cannot afford a place on his own at present.
Thanks
Dave