All Forums  archive  Forum Questions  My friend's estranged husband has been declared bankrupt

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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 Purplemouse[/i] [br]My friend's estranged husband has been declared bankrupt. He had a 1% share in her property which she had bought 3 years before they married and which they put into a joint mortgage when they married, doubling the size of the loan at the same time. She has been paying the new, larger mortgage for the last 2 years on her own since they split up but she believes that she will lose the house now that her ex has gone bankrupt. Her mortgage company told her she could not have the loan in her own right as she did not fit the earnings criteria and, even if she did, would have to have a newer, higher, rate. She has 4 children and is terrified that she will lose her home even though her ex has such a tiny stake in the equity. Is she right? Will her mortgage company reposess even though the loan is being paid? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.