Hi all, it's a long time since I have been on here. It will be 6 years on Wednesday 10th September since I walked out of the court to restart my life. I have lost 5 houses and everything else I had worked for but must admit that waking up everyday with no debts is fantastic. My question is as follows: my wife (who was also declared bankrupt) owned 50% of a house with her brother that they used to let. We now live I this and have not had any correspondence from our receiver about it util 2 months ago when they offered her the option to purchase their interest. We have agreed a figure but are they still able to claim this as it will have been 6 years since BR on Wednesday. It just seems funny that we have not heard anything for nearly 6 years and now they are writing asking for the money every other day.
Nice to see you again and it will be great on Wednesday as the BR will drop off your record!
I must admit that I was under the impression that the OR kept an interest for up to three years so I've no idea whether or not they can still ask for this.
Hopefully one of the BR experts will be able to answer your query.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Thanks for that however, from reading the post it appears that they live there now so would it be classed as the family home now?
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Be good for the OP to come back on and let us know how long they have lived there.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
more specifically if they were living in the property at the date of the bankruptcy order. so if they moved in a day after the bankruptcy order it would not be a family home but if they moved in a day before the bankruptcy order it would be a family home
Hi, we have only lived in this house for 1 year. We have been in rented until then whilst we decided on our future. It just seemed funny that we had not heard anything for nearly 6 years then all of a sudden the tidal wave of letters started wanting us to purchase the receivers interest. Thanks for your help
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant