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Buying out a share in property question

bubblyboo · 2012-02-06 10:39:07

Hello, Hoping somebody is able to help me. My husband was discharged from bankruptcy in April 2010. We have received a letter from the OR regarding our house. It says that I can buy out my husband's share of the property (which I estimate to be about £11k). I can't afford to buy out his share of the property alone and…

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debtinfo Posts: 7,012 Forumite

7 February 2012 at 6:52PM

you will normally get to make more than 1 offer if they refuse, eventually though they will have to do something if you cant agree, presuming that you went bankrupt in April 2009 then they have until April 2012 to make an application for sale to the court and it can take a bit of time to go through the motions, so youprobably dont have lots of time

Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
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Buying out a share in property question

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