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
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 New Questions
 Forum Questions
 IS MY HOUSE AT RISK?
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

susie.js
Starting Member



7 Posts

Posted - 02 September 2010 :  15:19:10  Show Profile  Visit susie.js's Homepage  Reply with Quote
My husband is to be made bankrupt. I own our house and have paid all the mortgage payments. Is my house safe?

debtinfo
forum expert



2826 Posts

Posted - 02 September 2010 :  15:32:48  Show Profile  Reply with Quote
Has your husband worhed throughout and has he paid for anything else instead of mortgage payments such as the household bills or shopping regularly, Also has he made any improvements to the property or paid anything to the deposit.

Finally how long have you owned the house, how long have you lived together and why is the property in one name only

If you can answer these questions we should be able to help
Go to Top of Page

susie.js
Starting Member



7 Posts

Posted - 02 September 2010 :  16:26:33  Show Profile  Visit susie.js's Homepage  Reply with Quote
My husband is self employed but heavily in debt. He pays half council tax bill, phone and electrity and some money towards food. I pay for everything else. He has done no home improvements. I paid the deposit and all mortgage payments. Endowment is in my sole name.

We bought the house in 1993 and he signed it over to me in 1994 after an affair and it is registered with the land registry as belonging to me.

Go to Top of Page

RHB
Senior Member

1159 Posts

Posted - 02 September 2010 :  16:58:11  Show Profile  Reply with Quote
It could be at risk if it was seen that this was done to safeguard assets- was he solvent at the time do you know?
Go to Top of Page

susie.js
Starting Member



7 Posts

Posted - 03 September 2010 :  15:19:21  Show Profile  Visit susie.js's Homepage  Reply with Quote
quote:
Originally posted by RHB

It could be at risk if it was seen that this was done to safeguard assets- was he solvent at the time do you know?



His debts only started about 7 years ago, the house has been in my name 16 years. Signed over becasue of his affair and me threatening divorce. Obviously he contributes twoards the household bills but you can't live somewhere for nothing! I have paid all mortgage payments, endowment and deposit since day 1.

Go to Top of Page

RHB
Senior Member

1159 Posts

Posted - 03 September 2010 :  17:08:48  Show Profile  Reply with Quote
By what you have written, no. Did you buy the house when you were together?
Go to Top of Page

susie.js
Starting Member



7 Posts

Posted - 07 September 2010 :  14:01:07  Show Profile  Visit susie.js's Homepage  Reply with Quote
quote:
Originally posted by RHB

By what you have written, no. Did you buy the house when you were together?



Bought together in 1993 but signed over to me in 1994 as he had an affair. I have paid the mortgage since day 1 and the endowment. His debts go back 7 years of which I didn't know about until very recently.

Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06