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T O P I C R E V I E W
Joe
Posted - 28 September 2008 : 21:47:44 My home is in negative equity (around £20,000). Can I still transfer the equity to a friend once I have gone bankrupt?
Joe
1 L A T E S T R E P L I E S (Newest First)
John
Posted - 28 September 2008 : 23:58:18 Hi with the Official Receiver's permission you will be able to sell your beneficial interest in the property to a 3rd party.
If the property is evidenced to be in negative equity the 3rd party may acquire your beneficial interest from the OR for £1 plus approx £211 legal fees.
