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 bankruptcy postbag for may
 Joint BA can the equity be split		  New Topic  Reply to Topic
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henrytc
Junior Member

United Kingdom
194 Posts
Posted - 28 May 2008 :  19:41:47  Show Profile  Reply with Quote
Hi All
can anyone help - My husband and I went BA together there is some equity in the property. OR is asking 9,000 can a friend of mine just by my half???
Thanks
Tracey

JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 29 May 2008 :  09:42:47  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Tracey,

The OR will need to realise the beneficial interest in the property, but you can nominate anyone you like to buy it. Hope this helps.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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henrytc
Junior Member

United Kingdom
194 Posts
Posted - 29 May 2008 :  16:05:34  Show Profile  Reply with Quote
Hi Julian
thank you but can someone buy just my half of the BI and would this keep me safe in the house.
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 29 May 2008 :  16:39:36  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Tracey,

If you both went BR, then both your beneficial interests will need to be realised which will keep your home safe.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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