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ramtops Posts: 19 Forumite

18 September 2018 at 5:04PM in Bankruptcy & living with it

Hello there

My husband was made bankrupt in July 2018.

When his mother died six years ago, she left some land overseas to him and his sister as joint owners. They decided to sell it, but there's been no interest so far (unsurprisingly, given what/where it is).

This has been declared to the OR, and the family are considering making an offer to purchase his share of the asset and keep it in the family.

How do we go about this? We have no idea of the value of the land - it's in Scandinavia, on an island with no electricity or mains water. Does he approach the OR with an offer?

Many thanks for assistance.

--
ramtops

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