hello is there anything wrong with selling the benficial interest to a freind before bankruptcy as long as i prove its in negative equity and pay the £1 to the or and do it through a solicitor. this will take the risk out him holding on to it or putting a charge on it ? anyone done this ? this advice came from an ip
I don't see any problem with you doing this, as long as you are able to provide documentary evidence that there was negative equity. That was good advice to my mind.