Hi I'm confused after being a solicitor and insolvency practitioner are giving me different advice. I've paid both of them . I was bankrupted by a creditor I have a rental property with no equity due to second charge. Insolvency practitioner saying I may keep the house Solicitor and official receiver saying the house will just be sold many years down the line after the second charge is up because its only the house you live in that they have a deadline of 3 years to sell ? Who's right? Thanks in advance
What can one do when there is a court order in place to pay your ex their entitled share of their super fund either upon retirement or the age of 65 whichever comes first , but you they go bankrupt just before either happens ? so the ex can get out of paying what the court order states has to be done . It does'nt seem fair that this can be done after living in a mortgage free home for many years ..and how does one find out who got the house ? that I know was in his name .Also is a caveat on the cards on the home ? if it can be located.
