Potential non payments of mortgage from previous relationship post bankruptcy??

jpr_74

In April 2010, I split from my ex partner and moved out into a private rented flat. At this point, I also declared myself bankrupt (due to other owed joint debts) leaving my ex-partner in the house, and to pay the mortgage on her own. She subsequently declared herself bankrupt in 2011, but the house was not repossessed by the receiver as there was no equity in the house and to my knowledge, there still isn't.

I am planning to move in with my new girlfriend in a few months time, and she has her own mortgage that she is happily paying, I am happy to ease some of the burden with domestic bills as a "sitting tenant" as it were, while she continues to pay her mortgage as she has done so previously.

I know that there is no way that I can have my name removed from the previous mortgage that is currently jointly in my name, unless the house is either repossessed or sold as a re-mortgage, so I am stuck with it being on my credit file and can't remove the liability.

What if suddenly, my ex could not keep up payments on the mortgage and the mortgage company decided to start to chase for the missed payments and then me. I know that I would be liable in some way......this even though I had declared myself bankrupt in April 2010, and also have not been making any payments towards that particular house since that time and can prove so also? How would my credit score be affected?

Also how would by girlfriend be affected in her own house and mortgage if non payments were traced to me? She is worried about this, I have assured her that her house would not be affected or even a charge on her house due to potential non payments.

Can anyone give me some advise to what the "worst case scenario" might be?

holly_hobby

Your GFs house (solely in her name) can not be utilised as security or to repay your debts.

If the mge was included within your BO you can't be chased - if not, as joint mortgagor, yes you can.

Don't have any joint accounts with your GF whilst you still have any negative credit data, as she will become financially associted with you, which will negatively effect her.

Hope this helps

Holly