i have lived with my partner in her house for the past 4 months, does this now become part of my assets when i declare my self bankrupt...?? i have equity in another property which i currently jointly own. im not on the mortgage of my partners home nor do i have any finicial claim to any part of it. Regards Andrew.
If you have no interest in the property then it will be fine.
The property you currently own with an ex will be part of your bankruptcy.
Ascend may you find no resistance Know that you made such a difference All you leave behind will live to the end The cycle of suffering goes on But memories of you stay strong Someday I too will fly and find you again
I agree that your partners home should be fine, and that it will be the property that is jointly owned that will come under your bankruptcy estate.
You might want to trawl some of the other posts to see how directly/indirectly your partner will be involved.
-------------- Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated. Professional advice should always be sought.
I can't add to anything, but please speak to an expert for advice on all your options and how your joint property will be dealt with if you do choose bankruptcy.
i have lived with my partner in her house for 4 months. Is this an asset ?
Posted - 26 July 2012 : 20:34:07
