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 Worried that I will have a charge put on my property if I get married
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Joanna.79
Starting Member



2 Posts

Posted - 05 April 2012 :  18:34:52  Show Profile  Visit Joanna.79's Homepage  Reply with Quote
the problem is my partner went bankrupt last year. he included his flat on the official rec paper work and then had it reposseded half way through the year. his ex girlfriend is joint morgage (she walked out leaving him to pay morgage and also is in very bad debt) the morgage company sold on the house but there is 22k outstanding. he has not been contacted by the morgage co' now they know he is bankrupt but his ex phoned him saying he would still have to pay and we are worried that if we marry as I own my own home and have a very small morgage then his previous morgage co' will put a charge on my property and start to try and take him to court. the official rec have told us not to worry but to be honest no one can say 100% that if we marry then the morgage company wont start getting funny. he will never go on my morgage or have a joint account and the offical rec know we live together and all of our outgoings. he is tied in for another 2 years to a very small payment plan to the offical rec.

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 05 April 2012 :  19:59:39  Show Profile  Reply with Quote
Hi,

Your partner is not liable for any shortfall if he is bankrupt but his ex will be.

If your house is in your name then it should be ok.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
xxx
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Kelly O
forum expert



United Kingdom
27 Posts

Posted - 06 April 2012 :  08:26:12  Show Profile  Visit Kelly O's Homepage  Reply with Quote
Any mortgage shortfall will go into the bankruptcy and his ex GF will need to pay it or find a solution for her own debts.

Happy Easter

Kelly Osadare CertDR
www.melaniegiles.co.uk

If you would like any help or advice on any aspect of your debts do not hesitate to contact me.Debt Advisory Manager for Melanie Giles www.melaniegiles.co.uk
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