The ex has stated she wants nothing from the house and wants removing from the mortgage. My friend has tried but cannot get her credit rating up alto ascertain a new mortgage.
The ex has reared her head after some time and stated she is going bankrupt and my friend has 6 weeks to remove her from the mortgage. Is there anything my friend can do to stop the bankruptcy affecting her property? The ex has not paid into the property for 10+ years.
That is only a decision the Bank can make, not your friend.
The next issue, as Foggy pointed out, is that once Bankrupt the O.R or any Trustee appointed will need to satisfy themselves that the ex has no financial equity in the property.
If your friend can not prove this they may look to her to make a payment to buy out their interest.
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