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 Is there anything I can do keep the house ?		  New Topic  Reply to Topic
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Mrs.Sc
Starting Member



2 Posts
Posted - 07 March 2012 :  11:39:15  Show Profile  Visit Mrs.Sc's Homepage  Reply with Quote
My husband is in debt. We are separated but the house I live in is in his name. The bank are wanting to take it next week. Is there anything I can do to keep the house ?

Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 07 March 2012 :  13:03:39  Show Profile  Reply with Quote
Hi,

Are the bank repossessing because you or your husband have stopped paying the mortgage?

If you are in arrears, then the only way you could keep the house is to come to an arrangement with the mortgage company to pay off the arrears.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Mrs.Sc
Starting Member



2 Posts
Posted - 07 March 2012 :  14:56:08  Show Profile  Visit Mrs.Sc's Homepage  Reply with Quote
NO THE DEBT IS DUE TO MY ESTRANGED HUSBANDS BUSINESS OVERDRAFT DEBT WHICH I WASNT AWARE OF SO THE BANK ARE NOW ASKING FOR THE HOUSE TO BE SOLD AS HE HAS EQUITY IN THIS AND NO ASSETS IN HIS BUSINESS. ITS BEEN MY MARITAL HOME FOR 15 YRS AND I HAVE 2 YOUNG CHILDREN
I HAVE NOW REGISTERD AN INTEREST IN THE PROPERTY .CAN THEY TAKE THE HOUSE FROM US
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Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 07 March 2012 :  16:24:50  Show Profile  Reply with Quote
Is the debt secured against the property? If it is, then yes, they can force a sale.

Please speak to an expert or visit the CAB for advice.





Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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