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Making An Offer To Purchase Bankrupt's Share Of Property

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Comments

  • mike864
    mike864 Posts: 18 Forumite
    Third Anniversary 10 Posts
    Hi BJV

    thanks for your input, perhaps you could clarify a few issues:

    1. "it looks like now for nearly four years after" do you know was this from when they went bankrupt [trustees have 3 years to sort out the equity on property] or was it 4 years after the initial 3 ie 7 years in total? I guess they could have agreed a 'charge on the property' to sell once the children reached 18 years of age.

    2. Can totally understand why they would be as unhelpful as possible to derail any potential sale, not at all motivated sellers.

    3. I wouldnt feel bad about your good fortune, clearly it was inevitable when it was sold.

    Agreed, I wouldn't wish this upon anyone, it is extremely unpleasant, stressful & heartbreaking, but its only money.

    Best regards

    Mike864
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