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blades1889
Junior Member

United Kingdom
174 Posts

Posted - 09 January 2008 :  23:28:17  Show Profile  Reply with Quote
I"m BANKRUPT FROM JULY 2007, ex"s solicitor wants house signed to her will OR allow this. thanx

Johnny Debt
Junior Member

United Kingdom
265 Posts

Posted - 10 January 2008 :  12:35:40  Show Profile  Reply with Quote
My understanding is this:

The official receiver will have pass the property to the Regional Trustee Liquidation Unit or a Trustee. The trustee will then apply to the Land Registry and place a restriction on the property. This ensures that the Trustee receives 50% of the beneficial interest if the property is sold.

So I think in your case the only way the ex will be able to get your portion of the house, would be to purchase the beneficial interest from the Trustee.
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