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
 archive
 Forum Questions
 my sons bought a flat together
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

Les.1
Starting Member



1 Posts

Posted - 16 April 2011 :  11:35:59  Show Profile  Visit Les.1's Homepage  Reply with Quote
my sons bought a flat together through a government scheme, the eldest son has done a runner owing loads of money. I have paid off all the creditors to do with the property as my youngest son can afford the mortgage and wants to keep the flat. So we want to take him off the mortgage and deeds is this possible ? although what if the eldest son who we believe is renting goes bankrupt -how would this affect what we wish to do?

debtinfo
forum expert



2826 Posts

Posted - 16 April 2011 :  11:58:50  Show Profile  Reply with Quote
is there any equity in the house
Go to Top of Page

RHB
Senior Member

1159 Posts

Posted - 16 April 2011 :  12:51:19  Show Profile  Reply with Quote
iT WILL need your oldest son's permission to transfer the mortgage too.
Go to Top of Page

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 16 April 2011 :  17:44:27  Show Profile  Reply with Quote
I think you probably need to seek some legal advice here - give the CAB a ring or get a free initial consultation with a local solicitor.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx
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