bankruptcyhelp.org.uk Forum - Is there a time limit for trustee to deal with property ?

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Is there a time limit for trustee to deal with property ?

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Anthony.od
Starting Member

1 Posts

Posted - 26 April 2011 : 22:14:24

Hi,
I was declared bankrupt in Feb 2009. I own(owned) a 1/4 share of a property overseas, that interest now vesting with the Trustee. Is there a time limit in which the Trustee has to deal with the property? The Trustee has not registered any legal charges on the property.
Thank you for your assistance.

Niobe
Administrator

United Kingdom
4590 Posts

Posted - 27 April 2011 : 08:31:12

Hi Anthony and welcome.

I've no idea on this I'm afraid. Hopefully one of the experts can help, otherwise I'd have a word with the trustee to see what is happening.

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

Jan
xx

RHB
Senior Member

1159 Posts

Posted - 27 April 2011 : 16:55:25

As far as i am aware the only time limits are on your residential property.

debtinfo
forum expert

2826 Posts

Posted - 27 April 2011 : 19:51:14

Yep, if it is not the family home then they have an unlimited time to deal with the property

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