partner made bankrupt for £3k council tax ... absurd situation ... house in his name ... we are not married, three children ... where do I stand to my rights in half of the property, we bought it together but in his name as only one working at the time ... also mortgage/sales price about the same so no equity ... what is the cost and process of buying out as a beneficiary ... and chances of an ftva ... our debts are small ... and this should never have happened ...
You will need to speak with the Official Receiver, four your interest in the property to be established. The OR will not make a decision with regard to the 'beneficial interest' until 2 years and 3 months from the date of the bankruptcy order, but it is well worth establishin what your 'interest' is
Melanie Nicholas CertDR 30 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
Just to let you know that we are in the proccess of buying our BI back. We are in our 9th month of BR. We approached the OR re buying back the BI as a family member offered us the money before I lost the plot!! (Health things going on) Our offer was accepted & we hope to finalise things in the next couple of weeks. These thing seem to vary greatly from office to office, the same as the Early Discharge situation
Good Luck with it all & keep us updated.
"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!!
partner made bankrupt for £3k council tax ...
Posted - 20 September 2011 : 12:43:53
