Bankruptcy - spouse's assets
I was at Kew recently, reading a bankruptcy file ( relating to a certain HW Wicks, of whom some of may will have already heard!);)
He was applying for disharge from bankruptcy in 1953. To my surprise, his wife had to submit a list of her own assets to the court. I had assumed that her own personal property would have been protected from the creditors :confused: |
I suppose it depends if those assets had at one time been his, then transfered to her.
If they owed a house that was then transfered to her name alone, is there a time span needed for them to be protectd as hers? I am sure a few peole even today move assets around to avoid things like this. |
Thanks, Jess - I hadn't thought of that! - she did also have to say when and where she acquired the items.
(Strangely, top of her list is a gold ring she received from T Platt of Ontario in 1918 ...but that's another story for another day) :) |
She seriously listed that and where she got it?
How funny is that! |
I can understand the wife having to declare her assets, because otherwise he could have put stuff into her name just to keep it.
I'm sure I've missed a lot of this story, because the last time I heard of that Platt, I think we were only theorising he might have been Canadian? It's good to see it confirmed by that mention of Ontario. |
Thanks Kite
That makes sense We never knew who Mr Platt was.... Clarence Thomas Platt married Caroline Dowsett in 1918 about a month before HW Wicks married her. As we could never find Clarence, I had decided that he was actually HW Wicks, and there was some insurance scam involved. Now it seems as though maybe Clarence did exist. It's all very complicated :eek: Having had a break from doing my tree for a while, I now feel motivated to resume it, and will try to put a Clarence Thomas Platt query together for the advice of all you experts :) |
Ohhh goody I've missed trying to help sort all this out :d
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Will try to post a sensible question in the next day or so |
Not relevant to your question Joan but are all bankruptcy files at Kew?
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Hopefully someone more knoweagable than I will have the answer :) |
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