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Bankruptcy and our house

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Comments

  • ManyWays
    ManyWays Posts: 1,571 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    Has this debt been to court? 
  • Jam_on_toast
    Jam_on_toast Posts: 7 Forumite
    First Post
    ManyWays said:
    Has this debt been to court? 
    Yes, but I was unaware, they sent the correspondence to the wrong address.
  • ManyWays
    ManyWays Posts: 1,571 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    So there is a CCJ?
  • fatbelly
    fatbelly Posts: 23,202 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Would you have defended the claim if you were aware of it?

    Would you have offered to pay by instalments?
  • sheramber
    sheramber Posts: 23,077 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    When did you sell the house?

    If within 2 years of going bankrupt the OR can undo the  transaction through the courts,  if the intention was to avoid creditors. 

    Similarly, depending on what debts were paid, these can be  challenged  by OR. 

    If the sale was 5 or more years prior to bankruptcy  then it is safe. 
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