Hi I was wondering if anyone could advise on this form sent by the land regisrty. I went bankrupt 14th Nov 2008. Today we have recieved my wife & I this notice. I think i have read on here before these are standard forms sent out by the OR. However we do have to sign them & send back to Land Registry. When i went bankrupt i advised the OR we had a decalration of trust signed showing 90% of the equity in our house was my wifes 10% mine. Due to this present climate i am unsure we would get back what we paid for it 18 months ago. We purchased the house for £450,000 & put £100,000 deposit down. This was to protect my wife as when we purchased the house she used the equity in her old house for deposit, i did not put any money into this house we live in. Just need some advice please. Thank you in advance Regards Paul
the forms are as you susect standard so sign and return.
The official receiver will however no doubt revuew your deed of trust VERY CAREFULLY to make sure that it is all above board. It is worth you getting all the documentation ready for this conversation.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
I went br in October (hubby did not), but i still have not received a letter/form to sign and send off the the Land Registry - do you think there could possible be a problem?
Hubby has just offered to buy the bi in the house and apart from that there are no other assets to deal with.
Jenny
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
Hi When the OR is happy with the outcome i take it they lift the notice with Land registry. My business partner called me today as he had the same notice applied. He asked me to ask the forum his mortgage comes up for renewal in June, what happens in his case. Bearing in mind they do not have a declaration of trust however they are in negative equity.