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Racheldmc93
Starting Member
1 Posts |
 Posted - 11 July 2012 : 22:55:16
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| hi i have a rented property which i can no longer afford as i cant get it let and the property value has dropped so much selling isnt an option, i have a low income and live with my parents. i have a joint morgage with my ex as she couldnt get a morgage on her own, she lives there with our two kids. if i go bankrupt will they touch my kids home. |
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year 2029
Average Member
590 Posts |
Posted - 11 July 2012 : 23:19:15
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Hi Rachel and welcome to the forum.
Is there any equity in the property your children are in?
Have you been to your local CAB for any advice?
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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debtinfo
forum expert
2826 Posts |
Posted - 12 July 2012 : 06:48:13
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| when you say ex, is it ex wife (seperated/divorced) or just ex partner |
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pcoventry
Junior Member
United Kingdom
235 Posts |
Posted - 18 July 2012 : 21:02:57
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| Your username suggests your a girl? If you are fair play |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 18 July 2012 : 21:16:35
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Er what has that got to do with anything pcoventry?
View my blog at http://skippy13.blogs.iva.co.uk/
The more I have to do with humans the more I think that the world would be a better place if it was run by animals.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side. |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 18 July 2012 : 21:21:10
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What sex you are is totally irrelevant.
Ascend may you find no resistance
Know that you made such a difference
All you leave behind will live to the end
The cycle of suffering goes on
But memories of you stay strong
Someday I too will fly and find you again
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year 2029
Average Member
590 Posts |
Posted - 18 July 2012 : 21:31:59
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This has gone unanswered from my first question over a week ago.
Shall we wait for the OP to answer with some info so we can give informed responses?
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 18 July 2012 : 21:38:52
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If you read the post we were waiting but pcoventry's comment wasn't appropriate, hence the replies from Niobe and myself. Hopefully the OP will come back and answer any questions that have been asked.
If not hopefully they will contact one of the experts for advice.
View my blog at http://skippy13.blogs.iva.co.uk/
The more I have to do with humans the more I think that the world would be a better place if it was run by animals.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side. |
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year 2029
Average Member
590 Posts |
Posted - 18 July 2012 : 23:47:24
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of course I read the post! I answered it!
Politely, why didn't you get an administrator to delete the inappropriate remark if you felt that strongly?
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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year 2029
Average Member
590 Posts |
Posted - 18 July 2012 : 23:48:58
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Various times threads go unanswered.
Sometimes one off questions never to be replied, sometimes for posters unfortunately never to return :-(
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 19 July 2012 : 07:07:21
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Hi Racheldmc93,
How much unsecured debt do you have?
How much equity is in the property roughly?
Can your ex afford the mortgage payments on her own?
If you don't want to post the answers, please contact an expert for a chat.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp |
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year 2029
Average Member
590 Posts |
Posted - 20 July 2012 : 19:39:01
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hi everyone,
I've read back through this thread, and actually what sex you are is relevant, with debtinfo's question quite pertinent.
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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nepensioner
Starting Member
18 Posts |
Posted - 20 July 2012 : 20:21:33
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| Personally, I dont see that the sex is relevant. I was under the impression that Debtinfo was trying to establish whether it was a Civil Partnership/Marriage or purely a Common Law partnership. |
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year 2029
Average Member
590 Posts |
Posted - 20 July 2012 : 20:23:27
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nepensioner,
Exactly my point.
It will make a difference if it's 'Civil Partnership/Marriage or purely a Common Law partnership'
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Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated.
Professional advice should always be sought. |
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debtinfo
forum expert
2826 Posts |
Posted - 20 July 2012 : 23:56:51
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The answer to the original question depends on if the property is a sections 283a family home or not which is subject to the below clause which is why my question is pertinent
(c) That dwelling-house was the sole or principal residence of the bankrupt, the bankrupt's spouse or civil partner, former spouse or former civil partner at the date of the bankruptcy order. |
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hi i have a rented property which i can no longer afford
