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 bankruptcy postbag for may
 Joint BA can the equity be split

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T O P I C    R E V I E W
henrytc Posted - 28 May 2008 : 19:41:47
Hi All
can anyone help - My husband and I went BA together there is some equity in the property. OR is asking 9,000 can a friend of mine just by my half???
Thanks
Tracey
3   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 29 May 2008 : 16:39:36
Hi Tracey,

If you both went BR, then both your beneficial interests will need to be realised which will keep your home safe.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
henrytc Posted - 29 May 2008 : 16:05:34
Hi Julian
thank you but can someone buy just my half of the BI and would this keep me safe in the house.
JulianDonnelly Posted - 29 May 2008 : 09:42:47
Hi Tracey,

The OR will need to realise the beneficial interest in the property, but you can nominate anyone you like to buy it. Hope this helps.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk

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