Debt stopping me divorce...

[User908]

Hi, after some advice please no judgement 🙂
I have almost made the decision to divorce my husband, years of being unhappy and him being moody everything I make a decision he doesn't like.
We have equity in the house, similar pension pots but he earns around 20k more than me.
I have built up a few loans over the years all of them in my name - some he doesn't know about (various reasons for this). It's always been for household things, car etc..
Does anyone know if I would be fully responsible for all of the debt on my own?

I don’t know the answer but would be interested to hear it!

Any DCs?
How long married?
When did the debts start?

2 DCs 7 and 8. Been together since we were 19 (so 17 years) married for 7.

Since we were married - I took on one recently to pay for my car and consolidate so other bits.

As far as I know, all debts and all assets go into the pot to be split between you. But IANAL.

Debts acquired in sole name could be applied to that individual alone especially if not used on marital family costs

will depend on your circumstances

Sounds like needs case, whereby all assets & debts go into the same pot and then it is split to meet the needs of each party i.e. primary resident parent may need more, or if the children are in 50/50 care, 50/50 financial split more likely. Debt will be deducted from house equity and then whats left split. Of course unless you are ready to take it court (and its financially worth it) then whatever happens has to be agreed between both parties.

Some debts can and should be excluded from the pot. For example a gambling debt.

The car loan and the car would need to be declared. The net position should be just about positive. People usually assume responsibility for their car and their car debt.