Hi
>
> I owe around 60k and am looking at various alternatives of getting my > life sorted. >
> My main concern at this point is that the house I live in is owned by my
> wife and she is the sole owner.
>
> I do however pay a rent to her of 350 a month, this is done on an > informal basis. >
> My question is....
>
> If I do have to go bankrupt would the house be considered when looking at
> my assets?
>
> TIA
How long has she owned it? Since before she met you? Or a few weeks ago when you thought you might go bankrupt? If the former, then she is no more liable than if she had a lodger who went bankrupt. If the latter, I believe you could be prosecuted for attempting to hide assets. If in between, well 'it depends'. Could she prove the money used to buy it came from her?