where does ex husband's br now leave me?

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jadeliza

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Post by jadeliza » Thu Jul 22, 2010 5:20 pm
my ex husband entered into iva before we divorced. The iva said he had to sell his flat and he'd live in a house we bought during marriage, it was in his name. The Judge said that when the iva was over I could then go back to court to get a share in that house. But 2 days ago he went bankrupt and isusing the flat as his address. There is no contact between us, but where does his bankrupcty now leave me? Many thanks
 
 

Shining

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Post by Shining » Thu Jul 22, 2010 7:17 pm
Hi there and welcome to the forum. I'm sorry I can't answer your question but will keep this bumped up for a professional to comment on. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Michael Peoples

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Post by Michael Peoples » Thu Jul 22, 2010 8:39 pm
You may need legal advice for this but if he has gone bankrupt there is either no equity in the property or it will be sold for the benefit of his creditors.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jul 22, 2010 8:45 pm
His interest in the property will vest in his Trustee who will want to realise the best price for creditors from a sale or third party offer. If you have a claim against the property, you should contact the Trustee and lay out the terms of your claim in writing. Legal advice, as Michael has already pointed out, is definately worth looking into.
Regards, Melanie Giles, Insolvency Practitioner
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