Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - After a final hearing (divorce) has happened will the asset(home) be affected in Bankruptcy.? - UK - A husband goes bankrupt after the final financial hearing being heard (the husband was not present due to not being informed and was settled without him being present- if that matters) the majority of the asset (family home) awarded to wife . The house is on the market for sale. The decree absolute imminent.If he goes bankrupt will the receivers look at that asset to repay debts - of which the majority are shared with the wife - husband has no income through work has not been frivolous but in debt due to the prolonged and petty arguing over the 2 1/2 yrs the divorce has been endured. His solicitor has advised to get any money owed after sale about 10,000 spend it and then go bankrupt which seems unfair as the equity in the house if it sells is 180,000 . -
