My husband and I have a joint mortgage - £20,000 equity in the house. If he went bankrupt would his creditors take £10,000? Would I then have to find the other £10,000 to keep the house? Also would I then have to apply for the motgage in my name alone and show that I earn enough money for the payments on my own (even though my husband would still live there and pay half)? I don't earn enough to get a mortgatge on my own though - would this mean that we would be made homeless?
mortgage/house
Posted - 22 August 2007 : 16:00:57
