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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 bankruptcy9467[/i] [br]Hi there, Can you please offer me some advice. [b]I am a joint owner of a commercial property and in November 2008 the other owner signed across his beneficial interest and share to another individual as part of an out of court settlement between themselves.[/b] [b]I have just purchased this beneficial share and interest from the third party but have also just found out that my original joint owner is entering bankruptcy proceedings [/b](though he thinks they will not proceed and have been applied in error). Does this mean my transaction is invalid or am i not affected given the previous transfer between him and the third party? Legal title of the property still remains between myself and the individual going into bankruptcy; though i am supposed to own 100% beneficial share and interest in the property a this point. [u]This is most of my life savings so please can you help advise me.[/u] Kind Regards, [:(!] [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.