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 HM Revenue & Customs want to file bankruptcy
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Susan.98
Starting Member



1 Posts

Posted - 29 April 2011 :  10:36:21  Show Profile  Visit Susan.98's Homepage  Reply with Quote
HM Revenue & Customs want to file bankruptcy against my husband, we have a joint mortgage - what happens if they succeed, will we have to sell the house and will they seize any possessions?

RHB
Senior Member

1159 Posts

Posted - 29 April 2011 :  11:00:29  Show Profile  Reply with Quote
If there is equity in the property then you would be looking at 50% of it going to your husbands bankruptcy as a rough rule of thumb..
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