I was declared bankrupt on 20.3.12. I left my house on 21/3/12 volunteraly on the 21/3/12. The house is in joint names with an ex partner who left in 2006. I want to hand my keys back but the mortgage company has sent me a letter to sign which states if they sell the house and there is a shortfall they will come back to retrieve any money owed when my bankrupcy ends. What can I do
State/Country relating to question: United Kingdom
Spoken to legal aid services and the official receiver
they are not entitled to do this. Their security is unaffected by the bankruptcy and they can enforce it and sell the house but any unsecured portion is covered by the bankruptcy so there is not benefit to you in signing any letter as they suggest. If there no equity in the house then the OR will not sell so you might be best in fact to stay put until the mortgage company foreclose.
30 years in commercial law
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