My girlfriend had been living with me the past 2 1/2 years in my house (title under my name only) and I have paid all bills and mortgage as she did/does not have a job. She has only recently admitted to debts of £32k on credit cards which I thought were a lot lower. I was paying towards some of this debt and she was also getting help from her family. Her family no longer can help and she may have to claim for bankruptcy as I cannot sustain the debt. My concern is if they can sell my house to pay her debts? As I said she did not contribute to the payments of the mortgage or the initial deposit which came from my own funds.She has simply been living with me, and made no financial contribution towards, bills or the mortgage. However my concern is that we did have a joint bond prior to me buying the house. I can prove the funds in this account came from me and she did not contribute to them. In fact there is a paper trail to prove the funds came from the sale of my property overseas and an overseas bank account, which then made up the full funds in the joint bond.I am however concerned that as her name was in the bond this will in effect mean they can then claim these funds had also belonged to her and as this money was used to buy the house, they therefore will have a right to sell my home to clear her debt, even though her name is not on the title? We are not legally married. Please can you let me know where I stand on this?
Hi and welcome to the forum. We have experts that post on the forum and one will be along at some point to give you the reassurance that you're looking for.
Hang in there and I'll keep it bumped up for you.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Very hard to give correct advice without all the facts but I can understand your concerns. If you have a clear paper trail then all should be ok but it will be upto the Official Receiver in bankruptcy to investigate
Chris, might be worth asking her to contact 2 or 3 professionals for a chat, the chat will be free and all debt options can be discussed. www.iva.com lists some companies for a starting point.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I don't think she has a hope in hell to prove that she has an interest in your property. These days it is the intent of the parties which generally determines an interest, and if you had no intent for her to do this, then the Trustee has few (if any) legs to stand on.
