Possible Bankruptcy -Wifes Income

nextyear

Registered User
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Due to me having a large income,and my wife having an awful credit record,all of our family's debts are in my name (25 k ish ).
Fast forward to 2011 and I now have an income of 68 euro a week and basically my wife is paying all our debts as they fall due out of her wages.
If /when a new bankruptcy law comes in here,there is supposed to be a facility for hopeless cases to have their debts discharged.
So,as my wife earns 40k would that have a bearing on my case(ie would the official assignee seek to apportion the debts between both of us)or is bankruptcy always an individual thing?
 
It is an individual matter. You would be better off looking to the UK for bankruptcy.
 
The OP's debt is only 25K. If they can afford it as a couple to pay it back then maybe they should just do this.
 
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