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Beneficial interest - sequestration in scotland
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hi
Just a question, House worth £65,000 oustanding mortgage is £56,250. Its joint names with my dad. Although he doesnt live in it, or pay the monthly payments.
If I was sequestrated, what would his beneficial interest be, and would it make a differance that he paid the £6500 deposit ?
Just a question, House worth £65,000 oustanding mortgage is £56,250. Its joint names with my dad. Although he doesnt live in it, or pay the monthly payments.
If I was sequestrated, what would his beneficial interest be, and would it make a differance that he paid the £6500 deposit ?
0
Comments
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Wanted to let you know that someone more knowledgeable than I (house stuff just confuses me!) will be along soon so hold tight.:: BCSC #71 but now discharged! ::0
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Just noticed this
Houses and Scottish insolvency law :eek:
I'm sure others on here can help, so please come back
Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
You can always try here:
http://www.debtquestions.co.uk/debt_forum/index.php
There are separate forums for 'Debt in Scotland', 'Property Issues' and 'Bankruptcy'.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
thanks, ive made a post there :-)0
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