question category: Bankruptcy
My wifes got £20k in my account. Will she loose it if I go bankrupt?cant easily prove hers
Long story short(ish). About 6 years ago I bought a number of shares in different companies. A couple of years later my girlfriend (now wife) bought some of the shares in one company off me with her divorce settlement money. She lost custody of her kids so the shares were kept in my name due to possible csa complications. 2 years ago the shares were cashed (at a profit) and money transferred into premium bonds, again in my name. About 6 months ago she cashed the premium bonds and transfered the proceeds (£20k) to an oz bank account as we're due to emigrate out there next year.
I work as a contractor and 4 months ago ish my work litterally stopped overnight. In the last couple of days the CCCS have advised I declare myself bankrupt!
My question is, will my wife loose her money due to it being in my name? Even looking through my bank history it's not easy to 'prove' its hers as there's no obvious single transaction in the first place.
Thanks for any advice given.
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