bankruptcyhelp.org.uk Forum - Hello,I live in my son's house. In case of bankruptcy would I have a beneficial interest ?

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Hello,I live in my son's house. In case of bankruptcy would I have a beneficial interest ?

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Karen.47
Starting Member

1 Posts

Posted - 09 September 2013 : 15:04:53

Hello,
I live in my son's house. There is no mortgage on it and he lives somewhere else. We don't have a rental agreement but I pay council tax and my utility bills. In case of bankruptcy: would I have a beneficial interest in the house?

Thanks

Viki.W
forum expert

United Kingdom
2211 Posts

Posted - 09 September 2013 : 19:54:31

Hi Karen,

If you are lodging in a family member's home then no, it's not your asset.

Have you contributed financially to the property at all?

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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