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T O P I C R E V I E W
Ray.13
Posted - 29 December 2010 : 17:49:45 My son has a joint mortgage with his ex-partner but has moved out and can't afford to pay his half of the mortgage. The house is in negative equity. If he went for bankruptcy, what would happen re the house and what would he be expected to pay for? I think she would like to stay in the house but she probably can't afford the whole mortgage etc. Don't know if the mortgage company would be willing to allow her to take on the whole mortgage.
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Viki.W
Posted - 30 December 2010 : 12:02:23 Hi Ray,
Sorry I didn't see your reply on the end of your post.
Your son wouldn't be able to help towards the mortgage if he's not living there and he declares bankruptcy.
I would suggest to your son that he chats to an expert on here or visits the CAB to see what options are available to him, and also for his ex.
