When I sign for bankruptcy what will happen to the house/motgage. I am the only named person on my mortgage but live with my partner and her daughter , she can afford to maitain the mortgage, is that possible ???
Is their any equity in the property? If so the OR will want to release this so would sell the property. If the property is in negative equity then you, or your partner, could buy the property from the OR for £1 plus £211 fees.
I think it depends if there is any equity in the property,if there is it will prob have to be sold to pay creditors.If it's in negative equity your partner could prob buy your interest for £1 plus think it's £210 fees.
When I sign for bankruptcy
Posted - 23 June 2009 : 23:12:32
