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 a house that had a little bit of equity

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T O P I C    R E V I E W
jamesjc Posted - 23 March 2009 : 14:23:54
hi my question is in the case of a house that had a little bit of equity in it , would you be able to keep the house if a friend or relative came forward with some money , also what would happen to your childrens savings accounts.

many thanks
1   L A T E S T    R E P L I E S    (Newest First)
Melanie.n Posted - 23 March 2009 : 15:55:59
If your childrens accounts are in your childrens names there is no problem and they are nothing to do with the bankruptcy. With regard to the house a third party can purchase your share of any interest when you have your chat with the OR discuss this option with them.
Hope this helps

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles

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