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My husband has been made bankrupt.Can I keep my house as its in my name? |
Submitted on: 30th Mar 2010 by Non-Member | Total Answers: 4
My husband has recently been declared bankrupt and I am worried that the OR may say my husband has a claim over the equity in my property as he has been paying me a rent for biils,food,mortgage etc.My mortgage is interest only and any equity acheived has been from other properties,again all in my maiden name so he has never contributed to the actual capital outstanding which I will be responsible to pay back at the end of the term.I have agreed a sale on my property and am looking for an alternative house due to needing more space for my daughter but am now worried if I sell the OR will want some money and this will ruin my chance of having a deposit for the new property.
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