My wife has been made bankrupt and we have a holiday home in France which is joint names. Can the receiver force a sale on this. Also the price they are prepared to sell at is nearly 30% below market level. Do I have any say in this matter, as i feel this price is far to low
Hi, what is the position with the holiday home in France? is it mortgaged, or owned outright, as this will influence the OR, as to how he/she deals with the property Also, is the petitioning creditor in a majority(i.e. do they have more than 50% of the total liabilities).
Can the receiver force a sale of holiday home ?
Posted - 26 October 2010 : 23:17:12
