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Ex is being made bankrupt-whats my options?

  • Dannik87
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28 Apr 12 #326967 by Dannik87
Topic started by Dannik87
hi every1 any info wud be much appreciated.

i got a mortgage with an ex partner in 2009, we split up in 2010 and i left him with the house. i was unable to remove my name from the mortgage via transfer of equity due to him being in arrears since i left!

he is now being made bankrupt and has surrendered the keys to the mortgage company, they rang me last week saying what do you want to do? i have come to the conclusion of consent to let until i can afford the property myself.

what i need to know is has my ex got to sign his share over to me due to his bankrupcy because i know he is going to be difficult about this. i need to pay £3000 arrears before i can let it out. i dont want to do this if he''s going to refuse to sign the transfer of equity once the mortgage is straight again. thanks

  • jonathancj
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29 Apr 12 #327297 by jonathancj
Reply from jonathancj
It''s no longer anything to do with him. His trustee in bankruptcy owns his share and if there''s no equity, he''ll happily transfer it to you. Find out who it is and see what sort of deal you can do.

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