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emily848

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Post by emily848 » Thu Jun 21, 2018 8:25 pm
I owned the property in question. When a marries we decided to remortgage in joint names. A year or so in to the marriage my husband started spending money we didn't have . When I found out I told him to sort it he got an IVA I was forced to be involved as I earned now they have sent this RX1 for we both need to sign it's really my house i'm not loosing it for him what should I do

luluj

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Post by luluj » Fri Jun 22, 2018 5:03 am
The RX1 places a restriction during the course of the iva on selling the property without the IP permission it is not going to 'lose you the house.
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Foggy

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Post by Foggy » Fri Jun 22, 2018 6:42 am
As Luluj says, assuming your husband conducts the IVA correctly, the house will not be lost. He will, however, need to investigate releasing his sghare of the equity towards the end of the IVA. I am afraid that, if you have transferred the house into joint names then he legally owns a share.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Tue Jun 26, 2018 4:14 pm
As before - it is just a restriction and is nothing to worry about,
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