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1. At the outset, you need to realise that despite you being married to your husband, in law, you are both separate entities so far as debts and liabilities are concerned. There is no rule of law that a wife must be made responsible or liable in any way for the debts of her husband. Accordingly, HSBC or any other bank, cannot appropriate any of your money in respect of your husband's debts. However, from a financial point of view, it would be better if you banked your USD cheque with some financial institution to which your husband does not owe money. This is because if your husband is attempting to let the Statute of Limitations take care of his debts, it is best not to bring to their attention that you, his wife, have any money. Effectively, if the bank perceives you have money, it will put pressure on your husband to use some of the money for his debts. Nowadays, the credit reference agencies, such as Experian, from which the banks get their information will have full data on who is living with whom and where. Accordingly, if you suddenly have a lot of money or a better credit record, then the banks will become aware that your husband is living with someone with means. This may influence the banks attitude towards your husband's bad debts. Certainly, if you lodge money directly with HSBC, then they most certainly will be aware that you are married and that money is owing by your husband. in such circumstances, you can expect them to pursue your husband vigorously. The best advice is to bank the money in the US until all of your husband's debts are statute barred. Whilst the banks cannot touch the money because it is yours, they can make things unpleasant for your husband, such as making him bankrupt, if their debts are not discharged.
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