UK Family Law
UK Family Law Questions Answered by Verified Experts
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OK - are you based in the UK? your handle suggests the US? I am in the UK
In short, if your husband has accumulated the debt to the companies during the time of the marriage, this would count as marital debt which would be split between the two of you 50/50 (similar to say, credit card debt in the situation where he ran up a credit card under both of your names).
However, this is not an absolute rule. You may be able to prove that only he should be responsible for debt since it was personal debt he accumulated and not marital debt.
You are correct. I can opt out so you can find a local expert if you'd like.
Thanks yes please - I'd prefer UK advice
Ok. Best of luck!
Thank you for your question
My name is Clare
I shall do my best to help you but I need some further information first
How long have you lived together and are there any children involved?
What capital assets are there and what capital did you each bring to the marriage?