mortgage repossesion

GINNO19_2

Jesus do i need help.

October 2009 i was officially made bankrupt and as no houses in my area were for sale the estate agent put the value of my house to a little what was owed and my wife 'bought my equity' for £1.00.everything rosey.

forward 10 months and im still on employment support benefit for my nerves.Its been a struggle for my family but we have changd mortgage to repayment only for forseeable future and over the last few years we are 6 months in arrears with has gone back onto mortgage as we met an agreement to pay what we needed to for 6 months.

2 months ago my wife left me, said she was bored and took my son with her to live in her mums.
she cancelled all direct debits for bills and changed tax credits,child credits and family allowance to single claim under her mums address.
She is refusing to pay anything towards mortgage as she has 20k of debts in her name and she wants to go bankrupt and any shortfall from reposession willbe covered for her.We have a 5 years old son who i see every other weekend and tuesday and wed and i dont want to leave this house as its his home.as im on benefits which is a joke but i no longer get a portion of family allowance or child credit (thats another heated discussionon equality)i cant currently afford to pay mortgage.i want to put house on market as we owe 122k + 5k early payment and a house the same has just gone on market for 160k. my ex wont see the sense in doing this.she is currently paying £3 per month for the loans as we couldnt afford anything else.
i have lived in this house for 5 yaesrs and over the last 2 have done all i can to save it.can anyone please advise if i can make my ex sell and if any profit who gets it as i was bankrupt and house valued at 125k.
also how long will it take to get thrown out and does it matter that i have a son who spends nearly 50% with me.

please help as mind in tatters

*Jellie*

First big hugs.
This seems quite a complex issue and I think the best thing to do is talk to a solicitor. The initial meeting should be free. The local citizens advice bureau might be worth a try too.
I hope it all works out ok.

GINNO19_2

Thanks. I think your right. I get a headache everyday just thinking about it. I will contact CAB and ask them.I'll let you know how I get on.thanks again for taking time to reply

skintscotslass

Hi Ginno

It might be better if you post under the Debt Free Wannabee board. You may find that someone over there can give you advice. There is also a sub board on bankruptcy.

Good luck!