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 thinking of filing for bankruptcy.		  New Topic  Reply to Topic
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jane.e.m
Starting Member



1 Posts
Posted - 24 June 2009 :  15:15:30  Show Profile  Visit jane.e.m's Homepage  Reply with Quote
My husband & I are both thinking of filing for bankruptcy. His parents have put their house in trust for him & his brother. Will the trust be affected by bankruptcy?

Suzanne
Average Member



United Kingdom
869 Posts
Posted - 25 June 2009 :  15:25:17  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi jane.e.m

The simple answer is that it depends on the nature of the trust. You should seek independant legal advice regarding this.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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keefryan
Starting Member



United Kingdom
6 Posts
Posted - 25 June 2009 :  21:46:02  Show Profile  Reply with Quote
quote:
Originally posted by Suzanne

Hi jane.e.m

The simple answer is that it depends on the nature of the trust. You should seek independant legal advice regarding this.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk

hello i have exactly the same problem any experiance of this ?
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Niobe
Administrator



United Kingdom
4590 Posts
Posted - 25 June 2009 :  22:51:48  Show Profile  Reply with Quote
I can only suggest that you do as Suzanne suggests and seek independent legal advice.

The glimmer gets brighter all the time

Jan
xx
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