It was suggested to me because of the religious back ground we are both Catholics, I do not practice but my husband does and his good friend is a priest.
Thankyou Clare for clarifying that for me.I think the divorce may be a route I will have to go down. Can you tell me if this is the case is my husband entitled to anything as I own 1 property on my own and 1/2 of another with my sister, all the furniture and the vehicle is mine, I have pensions and life policies. My husband has none.
We live in rented property at present.
Good afternoon ClareThis is approximate but this would be about £225,000 in property/vehicle I have pensions not sure if this is classed as assets. I have a business which is a limited company of which I was the sole director and share holder until about 12mths ago when I introduced a business partner I have 75% of the shares.
One of the properties is a 50/50 share with my sister.
sorry fo the delayin replying.
He was living with his parents
Good morning Clare
With out looking back it would be approx. £5,000 to £6,000, also lost money I gave him to start his business and improve approx £3,000.
Also I paid his bankrupture fees. All his other debts via cards and loans were calculated in the bankrupt listings.
I was unaware of all his debts prior to getting married, I found out when I added his name on a loan for house extension, this was refused, when I asked why, I was told to speak with my husband, hence I discovered the problem.
About £40 - £50k
the prices start at £40,000
Sorry thought I had replied the cost would be from £40,000
Hope I am ok continuing.
It really is disappointing that I have to pay him out when he came into our relationship with nothing, actually with debts.
I would have to sell one of my properties of which are rented and both have mortgages/loans on, so allowing me to sort this.
Is there anyway alternative as I have built up the money in the properties to support me in my retirement?