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 Hello,I live in my son's house. In case of bankruptcy would I have a beneficial interest ?

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T O P I C    R E V I E W
Karen.47 Posted - 09 September 2013 : 15:04:53
Hello,
I live in my son's house. There is no mortgage on it and he lives somewhere else. We don't have a rental agreement but I pay council tax and my utility bills. In case of bankruptcy: would I have a beneficial interest in the house?

Thanks
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Viki.W Posted - 09 September 2013 : 19:54:31
Hi Karen,

If you are lodging in a family member's home then no, it's not your asset.

Have you contributed financially to the property at all?



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp

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