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T O P I C R E V I E W
poodle
Posted - 18 June 2009 : 08:35:43 Hi,
Could you tell me if we both go bankrupt in negative equity whether or not we can buy each others beneficial interest? Or does it have to be a third party?
We are both worried sick!
Thanks,
Poodle
4 L A T E S T R E P L I E S (Newest First)
CMJ
Posted - 19 June 2009 : 11:14:09 Hi Myself and hubby went br last Nov and we were allowed to buy back BI ourselves, I just bought it all going through at present,. I paid £212, if we had both bought it back it would have been double this cost.
Michelle
poodle
Posted - 18 June 2009 : 18:59:15 Hi Wellerchic,
Do you mind me asking how long it is since you went bankrupt and how long it took to get to this stage with your beneficial interest?
Thanks for your reply.
Poodle x
wellerchic
Posted - 18 June 2009 : 16:46:26 Hi I have been speaking to the OR office today about my Mum buying the BI in my house which is in joint names. Both my Husband and I are BR and they said only one person will need to buy the BI which will be £1 + £211 fees plus I have to get a written Valuation. Hope this helps
G x
There is light at the end of the tunnel, I can actually see it !!!!
slippery
Posted - 18 June 2009 : 10:01:25 yes you can,just get your mum or dad to say they are buying it for you and just give them the money to pay for it
