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 will bankruptcy affect property abroad?
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Debbie.wn
Starting Member



2 Posts

Posted - 10 September 2010 :  09:08:31  Show Profile  Visit Debbie.wn's Homepage  Reply with Quote
i have separated from my husband who lives with our children in france in a house we own there, I have been back in the uk for over 18 months but lost my job almost 9 months ago I have been advised that bancruptcy is my best option as I have around 50k of debt but will it affect the property we have abroad? it has a mortgage on it which my husband pays but i am concerned that my children will lose their home

RHB
Senior Member

1159 Posts

Posted - 10 September 2010 :  14:09:59  Show Profile  Reply with Quote
Is there equity in the foreign property?
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Debbie.wn
Starting Member



2 Posts

Posted - 10 September 2010 :  18:49:32  Show Profile  Visit Debbie.wn's Homepage  Reply with Quote
we have had the property on the market to sell for 2 years with no luck there is maybe some equity in the property but not a lot once the mortgage is paid

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