hi my question is in the case of a house that had a little bit of equity in it , would you be able to keep the house if a friend or relative came forward with some money , also what would happen to your childrens savings accounts.
If your childrens accounts are in your childrens names there is no problem and they are nothing to do with the bankruptcy. With regard to the house a third party can purchase your share of any interest when you have your chat with the OR discuss this option with them. Hope this helps
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
a house that had a little bit of equity
Posted - 23 March 2009 : 14:23:54
