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T O P I C R E V I E W
i.o
Posted - 18 September 2008 : 16:09:25 I am considering going bankrupt. We have a joint mortgage with no equity in the property. What will happen to the house?
1 L A T E S T R E P L I E S (Newest First)
Suzanne
Posted - 18 September 2008 : 16:37:42 Hi
The OR will ask if you have a third party who was willing to buy the beneficial interest for the nominal sum of £1 plus conveyancing costs. On the assumption you wish to remain at the house, you would of course have to keep paying the secured lending.
