hi i am considering declareing myself bankrupt but i own a percentage of a house that my gran currently lives in. Would the house have to be sold? i owe around 16000 pounds or is there a way i can go ahead with bankruptcy without afecting my grans living status?
In order to answer your question, I need a little more detail: 1. What is the current value of the property? 2. How much in the way of mortgages/secured loans is secured on the property? 3. What is the precentage that you own and is there any proof (eg. Deed of Trust)?
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
AS Julian has suggested we need a bit more info from you, thats if you dont mind.
I do hope that we can help you through this.
Jo x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
23 Weeks down
29 to go
For more info on how i have come through bankruptcy and for links to help with filling out the forms, I&E, Car Valuations, etc, etc, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
hi i am considering declareing myself bankrupt but
Posted - 12 January 2009 : 17:16:48
