All Forums  archive  bankruptcy postbag for june  Julian or Paul...help please!

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Viki.W[/i] [br]Hey Julian and Paul, Hope you are both ok. Could do with your advice please. There is a lady on the iva site who's husband is in approx £50K debt, he's a self employed carpenter who has been told by an IP that he can't propose an IVA (not earning enough or something like that). They are renting at the moment but HER mother has offered to buy them a house, no mortgage, just out right, she's calling it an early inheritance...she wants it to be in her daughter's name only. The mother does not want to keep it in her name, reasons given are she's 80 and doesn't want to have to deal with it, maybe it's something to do with her estate. She absolutley will not give cash to the her son-in-law to clear the debts as she's done this and he got into debt again. If this lady accepts the house as a gift from her mother but then her husband goes bankrupt, it's all his debt, is the house safe? Your expert opinions would be greatly appreciated. Viki X [/quote]   Check here to include your profile signature.