bankruptcyhelp.org.uk Forum - Can the court force the sale of my home ?

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

archive

Forum Questions

Can the court force the sale of my home ?

New Topic

Reply to Topic

Printer Friendly

Author

Topic

Iain.sm
Starting Member

1 Posts

Posted - 15 January 2012 : 13:22:43

My (Estranged) wife and I have a joint mortgage. I now live elsewhere and am going to have to file for bankruptcy. I have app £13,500 equity in the home with which to service £40,000 of debts. Can the court force the sale of my home whilst my 2 year old son is living there with his mother?

Niobe
Administrator

United Kingdom
4590 Posts

Posted - 15 January 2012 : 14:49:15

Hi and welcome

The OR will keep an interest in the property for two years and three months from the date you declare bankruptcy.

The equity will be split between you.

I've no idea if the OR would want the house selling.

I recommend that you speak to an expert via the link on the left hand side of the page to take some free advice.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe

Jan
xxx

Topic

New Topic

Reply to Topic

Printer Friendly

Jump To:

bankruptcyhelp.org.uk Forum