bankruptcyhelp.org.uk Forum - BENIFICIAL INTEREST OWNED BY PARENTS.

HOME

FORUM

MEDIA

EVENTS

ARTICLES

BLOGS

•Home

Bankruptcy:

•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?
•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:

•forum
•register
•search
•faq
•experts

Blogs:

•Bankruptcy News
•More...

Media Room:

•Press releases
•Media Coverage

Other:

•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs

	FORUM
> Browse and post on our forum

Welcome to our Forum, please register if you want to post

	Ask a debt question
	See the last 250 posts
	Watch video on how to use forum

Username:	Password:
Save Password Forgot your Password?

All Forums

New Questions

Forum Questions

BENIFICIAL INTEREST OWNED BY PARENTS.

New Topic

Reply to Topic

Printer Friendly

Author

Topic

poopedmass
Junior Member

United Kingdom
229 Posts

Posted - 14 August 2010 : 19:54:54

hi. my mother-in-law helped with out bankcruptcy and own the benificial interest in my house.

My wife and I are now seperating! where do i stand? and am i entitled to anything?

poopedmass.

debtinfo
forum expert

2826 Posts

Posted - 14 August 2010 : 22:34:31

If she owns all of the beneficial interest then she has the right to any sale proceeds

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 14 August 2010 : 23:40:46

very delicate point

always much better to purchase your own BI back - even with borrowed funds from a relative. Otherwise they will always own the BI unless you purchase this back

Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com

Real People ..... Real Debt Solutions

Topic

New Topic

Reply to Topic

Printer Friendly

Jump To:

bankruptcyhelp.org.uk Forum