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 bankruptcy postbag for july
 can my wife claim half the property ?
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johns
Junior Member



United Kingdom
269 Posts

Posted - 17 July 2008 :  09:52:13  Show Profile  Reply with Quote
Hi, i have been told that my wife can claim half the property even though the mortgage is in my name only. We have lived in the house for nearly 8 years and will the bank with a secured loan push for me to sell even though they would have to pay off the first chargeholder, i am not in arrears with the mortgage and i shall beable to keep paying the bankloan via my wife after going bankrupt

Suzanne
Average Member



United Kingdom
869 Posts

Posted - 17 July 2008 :  11:12:07  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi

Your wife can claim an interest in the property, but I would suggest you get some specialist legal advice.

The secured loan holder could repossess if they wish, but are unlikely to do so as long as you maintain payments.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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