Hi, thank you for your question. Just a bit more information required to fully assist you:
-Will your wife agree to the divorce?
-What is the value of the property the debts are secured against and what is the outstanding mortgage on the property?
-What is the amount of debt you have currently?
How long were you married for and was the property in question the matrimonial home?
Thank you. Firstly, despite the property being in her sole name you are entitled to occupy it until divorce as well as make a claim towards it as part of a financial settlement. As the debts appear to be joint debts, the debt company can pursue you both for this. If the property is sold and the debts are registered as a charge then this can be paid off after the mortgage, and any equity remaining will be divided between you.
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