A sample deed would be great! and how would this stack up in a scottish court.
mike1y111 wrote:I might later in the year be going for the trust deed/bankruptcy and would like to protect my property which is in joint names. We have a huge redemtion penalty thus cannot afford for wife to buy the property outright.
Need to try and get her to buyout my beneficial interest to be on the safe side. It might be that in 6-9months time i will be in a stonger position and may not have to go for TD but at least i am keeping property safe.
mike1y111 wrote:Thanks JLP
i would just like to be safe. I have had the house valued and the equity is 20k. House prices are rising sharlpy where i am and my worry is that by the end of the year it could be 60k!
If i got the percentage ownership changed and did the BI as well, would stand in court if it came to that?
mike1y111 wrote:redemption penelty not in the price. 11k redemption penelty! so really 9k equity in the property
Hello - we have problems accessing the site so hav[…]
Good luck as if it is statute barred they cannot f[…]
You never know! Just type it into google and you w[…]
That's great to hear - and congratulations on the […]
Congratulations, Butts. I am so happy to hear thi[…]
The Standard Financial Statement is going to be us[…]
Unfortunately because they can if they wish. You h[…]
I do not understand this as CCJs are included in b[…]
If you have been in your DMP for seven years the c[…]
We have a global debt questions section but cannot[…]
I have spoken to an Insolvency Practitioner who al[…]
Yes, get in touch with him. They cannot break in i[…]
You have been discharged from bankruptcy and I hop[…]
Don't worry - we have picked up the request. Thin[…]
I am sorry I was not able to reply before due to a[…]
I think many forums are not being used as much as […]
Contact Provident and explain the situation - this[…]
You can certainly give them a call and explain you[…]
Hello They claim proceedings were issued against […]
I am sorry but we are unable to answer this kind o[…]