HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 New Questions
 Forum Questions
 Staement of affairs: give up = give away ?

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
FamilyFather Posted - 27 June 2009 : 17:24:06
Hello,

I am just filling out my statement of affairs and run into the need for clarification.

Situation:

I have given up the property of a house I owned abroad (irrevocable).
The house has legally no owner at all (possible in that country)

The bank (with which I have a mortgage) can claim ownership seperately and sell it.

Question : Do i have to state this action in the statement of affairs ?
The relevant question is if i haven given AWAY or sold a property and if yes, to whom.

As I have not given it to anybody, is this necessay to tell ? No creditor is harmed, as the bank has the possibility to claim ownership.







3   L A T E S T    R E P L I E S    (Newest First)
Niobe Posted - 28 June 2009 : 22:36:06
I agree as well. Far better to be upfront rather than risk the OR finding out about it afterwards and then wondering what else you may have been hiding.

The glimmer gets brighter all the time

Jan
xx
Skippy Posted - 28 June 2009 : 18:01:33
I agree with RHB, I would put it down.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

23 IPA payments made, 13 to go - on the home straight!
RHB Posted - 28 June 2009 : 07:57:46
Personally, I would put it down. It won't make any difference to anytning by the sound of it, but if you don't it could look like you were trying to hide something.

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06