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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 hervinder[/i] [br]I currently have debts of around £60,000 which are spread across many credits cards and two bank loans. I'm currently just about able to make the minimum payments as the credit card balances are all on 0% interest which will expire next year on all cards, at which point I will not be able to meet the repayments as the interest will be very high. I have a property which has around £300,000 equity which is jointly owned with my ex wife and she currently resides at this property, there have been no financial orders made since separation. I also own a car valued at around £4,000 If I declare myself bankrupt I want to know what happens to my property. If the property is seized and subsequently sold will the proceeds be split 50/50 with my ex wife? Assuming this is the case, my share would be around £150,000 which would be used to repay my debts. There would be a significant amount of money left over after the debts are repaid, would I lose this amount? [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.