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 My ex wife lives in our house (joint mortgage) and has payed the mortgage since I left
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Stephen.st
Starting Member



1 Posts

Posted - 12 March 2013 :  01:34:03  Show Profile  Visit Stephen.st's Homepage  Reply with Quote
my ex wife lives in our hse (joint mortgage)which i havent lived in for over 5yrs.During this time she has paid the mortgage. There is approx 30k of equity. If i went bankrupt would the OR/creditors want a portion of this equity.My ex believes as she has paid the mortgage for nearly6yrs im not entitled to anything.Could they force her to sell the property. any help would be appreciated.Regards

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 12 March 2013 :  07:23:35  Show Profile  Reply with Quote
Hi Stephen,

How long have you had the house?

It is very likely that the OR will say that you have a beneficial interest in the property.

Please chat to an expert 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
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 12 March 2013 :  08:03:16  Show Profile  Reply with Quote
Hi and welcome.

Totally agree with Viki - give her a ring or visit the CAB for some free advice as to exactly what your position is.
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Richard P
Senior Member



United Kingdom
1701 Posts

Posted - 15 March 2013 :  17:08:45  Show Profile  Reply with Quote
Hi Stephen

This is always a bone of contention. The OR has to review each case based on its merits.

lots of variables that need to be discussed. have been able to show sucessfully No benficial interest after 2 yrs but am also in the middle of a set of arguments about a property / seperation 6 years ago !

so please get advice from someone in the industry (No disrespect to CAB but these arguments are beyond the every day training they normally receive)

Good Luck Richard,
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