A prominent High Court case involving TV presenter Trinny Woodall and her late ex-husband’s creditors has provided a useful insight into the handling of debts following a divorce.
Ms Woodall married Johnny Elichaoff in 1999 and after a ten year marriage, the couple divorced in 2009.
During the divorce settlement it was agreed that Mr Elichaoff would pay Ms Woodall and their daughter £24,000 a year and repay a sum of £1.4 million to her.
However, just nine days before the divorce was finalised Mr Elichaoff was made bankrupt and the repayment was later declared void.
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