Financial Advise...

[Pabbers]

Need some expert advise on this Chaps

I am getting a divorce. My wife has some debt on various credit cards, as do I. Is it feasible to get all the wifes CC debt put over to my CCs( transfers or whatever means) I then divorce her and leave her in the clear. Will she be pursued for my CC debt, even though we are divorced?

There are no other debts other than CC ones. Surely they can't go after her regarding my debt when we are divorced??

TIA and mucho Karma for advise.

[fatpies]

Why on earth would you want to take on somebody's debts? Especially if they are divorcing you.

Do you have a tattoo on your forehead saying sucker or something?

[Wilson12345]

Dump as much debt on her as you can and spend what you saved on cocaine and prostitutes
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Seem to not have enough karma to post :l

[Wafer_Thin_Ham]

[Pabbers]

[Wilson12345]

Never trust women. Hope you know what you are doing
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Seem to not have enough karma to post :l

[Hetzer]

Assume it's part of some Larger Deal FFS, there's no muggishness going on. What does the 'law' say, is the person without debt in their name free and clear?

It's one for de expoits, innit. And there are plenty here.
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"There's the horizon! Ride hard, ride fast and cut down all who stand in your way!"

[P.addy]

After carrying more than one persons debt... I recommend you tell her to shove her debts where the sun doesn't shine...

[Chalky.]

Shame.

*Advice.

[sebastianw]

What's in her name will stay in her name. If you go for a clean break there's no comeback once the agreement has been signed and you have the decree absolute.

If you want (why ffs) to clear her debts then clear them as part of the final settlement, not before or you may find she is advised to screw you over on the division of assets and clearing her card debt will become less attractive.

[D O G]

If you have sufficent space on your CC's, then all you would need to do is make a payment onto her CC, using your CC. That will clear hers, and effectively transfer to you.

At that point, her debts would be cleared, there would be no comeback to her.

I'd probably make a couple of minimum payments on your, larger debt after you have done this to demonstrate intention to repay.

BUT, make sure you don't piss off to a foreign country and not leave a forwarding address, that would be naughty.

Oh, if you were to do the above, to make sure there is no comeback on her, ensure that the divorce has gone through, all joint arrangements (including living arrangements) have been ended, as such links do affect credit records of both if one or the other has a repayment 'problem' when still linked by any agreements (tenancy, phone bills, joint accounts, electric etc etc).

[fatpies]

So you're the unlucky sucker who is going to go bankrupt then...

[Pabbers]

[Pabbers]

[Pabbers]

[Chalky.]

[Pabbers]

[Chalky.]

And you've got a divorce to sort. Crack on petal.

[Pabbers]

[Chalky.]

Yes I am. Really, really dumb.

[Hetzer]

[Chalky.]

[Hetzer]

[Chalky.]

[colin1]

Hetzer you are a bit like the guy who insists someone didn't get the joke because he isn't laughing.
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colin1 is officially faster than god