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T O P I C R E V I E W
karl71
Posted - 02 September 2009 : 20:27:58 For the past ten years,up until five months ago,i lived with my partner in "her" house.I say her house because my name is not on the deeds,she was living there prior to me meeting her and bought the house off her own back around three years into our relationship.This is my bankruptcy that i am thinking of doing with all the debts in my name and my stupidity.However after receiving advice from cab they tell me i could have a financial interest in the property.This is not something that i would want as my daughter lives there and i do not want to jepordice her future or our relationship.I paid rent whilst i lived there but for food only and not towards the mortgage.Could u please tell me where i stand as br would only be an option to me if i didnt put others at risk.I would be grateful for replies,thanks in advance Karl.
1 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 02 September 2009 : 22:04:05 This is a little grey area.
The official reveiver will try to establish if your partner has benefited from the money spent or were your debts there before you met.
For example if you have used some of your debts to refurbish the kitchen etc etc then you clearly have an interest.
Also it will be important to be able to identify where the deposit has come from and that the mortgage was affordable in your partners name solely.
Just needs a little clear thinking to understand where the OR is coming from and what info they will need BEFORE you petition
