All Forums  archive  Forum Questions  If assets are worth more than the debt ?

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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 Carol.21[/i] [br]i declared bankrupt in 1997 with my partner. Assets were taken, namely family residence and a 6acre field. the debt was about 32k. The home was sold to a relative for £1 because it was in negative equity. My partner has a pension plan with scottish widows, the windfall was also taken by the official receiver, and i believe that another windfall has taken place in the last 5yrs. the Field was sold for £52k so does the official receiver have to pay me the difference between the debt and the assets? and what about the pension plan with scottish widows will my partner ever be able to claim ownership rights on it? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.