Legal Question in Bankruptcy in United Kingdom

what happens ten years after bankrupty and you try a house

my father went bankrupt about 10 years ago. part of our family home was sold to what is called co-ownership, builing society which left my parents to own half the house between them. they are now trying to re-mortage the entire house, first try and their solicitor couldn't find the deeds and mess it up, they then had to start again with the procedures of buying. 21/2 months on and the have been notified that they can't remortage because they don't fully own the house. They found out after 10 years that some man my father owed money too now has remitting on a quarter of the house and therefore my parents can buy! What should we do!!!!!!!!!!!!!


Asked on 2/10/04, 7:29 am

1 Answer from Attorneys
Richard Howard Richard Howard & CO

Re: what happens ten years after bankrupty and you try a house

From the partial post code you included you appear to be writing from Belfast. Because your parents difficulty involves both elements of insolvency law, property law and a potential litigious situation your parents need to take specialist advice and instruct a solicitors firm who are going to represent their interests. This will involve entering into a proper relationship with a firm of solicitors so that they can provide professional advice and assist your parents in reaching a solution. In return for providing this professional advice fees will have to be paid to solicitor who is dealing with the matter. This is not a situation where you can act on free advice.

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Answered on 2/11/04, 7:52 am


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