House is worth £360,000 with a Mortgage of £271,000 outstanding and 17 years to run
Initial debt added £50,000 and the second added £60,000 being paid back with interest over 13 years with 10 years to run.
All household assets have been split fairly and there are no other assets.
We have been married for 14 years. I am 56 and my wife is 49. She has her own business
We have been married for 14 years. I am 56 and my wife is 49. She has her own business. The funds were used to settle debts that my wife ran up on credits cards and overdraught.
She spent money on goods for herself but I am unaware of the exact details. Our accounts were set up with joint account that paid for all the household bills and mortgage. My wife had her own accounts within which the debt occurred and which I did not have sight of.