I have a property abroad that I can not sell and might have to go bankrupt. Will they make me sell it for less? Or can I keep it? My father has helped me pay for it. But not on deeds? Does this help
This will be classed as an asset and you may well have to sell it. Any shortfall would go into your BR but your father would probably be out of pocket unless he can prove an involvment and he would subsequently become a creditor.
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
I have a property abroad that I cannot sell.
Posted - 14 February 2015 : 16:46:49
