If you have a joint account with someone who is about to go bankrupt and they refuse to close it, can you be effected? Please help!

[Aimsmum]

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Used to be Official Receiver would write to bank for details of balance, then ask for one half of the balance. The bank would usually close the account after that.
WHY won't he sign it into your name only?
OR can you open another bank account and get him to pay into that instead?
When the bankruptcy order is made you can contact the OR appointed and explain the situation to them. The can under some circumstances waiver claims to bank accounts.

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Your only real problem would be if the account was overdrawn in which case you would be equally liable for the debt. If there is no money in the account and he declares it to the Official Receiver, then the Official Receiver will usually just ask the bank for information about the account - they don't usually close joint accounts.

If there's no money in it now I wouldn't worry about it. If he's going bankrupt he won't be paying any more into it anyway. At any rate I'm quite sure you would not be held liable for any of his debts, or anything like that. I'd worry more about his payments to you drying up for other reasons.