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cd85
Junior Member
118 Posts |
 Posted - 12 September 2008 : 17:43:11
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| hi i am thinking of declairing bankrupt but have a few questions i am living with my parents if i declair bankrupt can the court or anybody else take posession of my parents house if my name is not on the morgage also can they take things out of my parents house that dont belong to me? |
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BankruptC
Senior Member
1030 Posts |
Posted - 12 September 2008 : 18:20:52
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Hi cd85,
I'm not sure of the answer to this, but wanted to say hello and welcome!
I'm suresomeone will come along soon who will be able to help you out.
Take care and keep posting-this site is fab! :-)
CG. x |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 12 September 2008 : 20:10:04
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Hi CD85
if you are not on the mortgage - and haven't been previously - then the house is safe,
The official receiver doesn't visit after Br unles they are suspicious that you are hiding assets - i,e, you are an antiques dealer and have out down that you have £300 of assets.
hope this puts your mind at rest
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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zamfir
Junior Member
303 Posts |
Posted - 14 September 2008 : 01:38:26
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| Hi CD, I was in exactly the same situation as you - worrying that my parents & I would be made homeless, men in vans would be hammering on the door demanding entry and having to justify ownership of the property forthwith. It really is nothing like that, as Paul says, just be honest with the powers that be and you'll be fine. You definately did the right thing by coming here, we've all been there before and we're all here to help. Cheers, T. |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 15 September 2008 : 05:17:13
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Hi CD85,
Paul is absolutely spot on here. The OR can only claim assets that are in your name.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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cd85
Junior Member
118 Posts |
Posted - 20 September 2008 : 11:09:32
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| thanks guys your information has helped me a lot |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 20 September 2008 : 13:09:28
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Glad we could help.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Topic |
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can the bankruptcy court take parents house ?
