Hi, You answered a question for me a few months back, there have been recent developments. how do I get the message to you directly rather than posting a general question? thanks Liam
My wife left home on the 7th May, I live in the house we bought together
about a year ago with my three children. My wife is the childrens step-mother.
I have received a letter from her solicitor stating that the marriage has broken down and asking
that "we commence negotiations with regards ***** ***** division of the matrimonial property" as this
is the main asset.
They have also stated that she has a loan and credit card amounting to £5000
in her name but has continued to pay these "joint matrimonial debt" without any assistance
I also have debts from loans/credit cards amounting to £29,000 accumulated from when we
married 6 years ago and from when we lived together for the previous 5 years.
I am also paying monthly for these and for the mortgage.
The house will have only £20,000 equity, what I would like to know is if I would be forced to
sell the property on divorce to give her half to pay off her debt?
Also, is the joint matrimonial debt of £34,000 to be shared by us or what is in our own name.
I am really trying to find a way to keep the house for the children, can you see any way I could