Selling join name house vs insolvency
|
|
 Jul 22 2020, 12:21 PM, updated 6y ago
Show posts by this member only | Post
#1
|
 
Senior Member
4,735 posts Joined: Feb 2010 From: ★~Starlight~★ 
|
Hi, want to ask regarding above title.
House join name. A and B A, bankrupt while B not If selling house, only A portion will go to the insolvency or both A and B will go to insolvency and they will refund back if there any excess money after deduction. Anyone got experience regarding this? Thank you |
|
|
|
|
|
Jul 22 2020, 06:32 PM
Show posts by this member only | Post
#2
|
Senior Member
3,820 posts Joined: Jan 2009 From: Land of the Hornbills & Land Below the Wind 
|
QUOTE(AmeiN @ Jul 22 2020, 12:21 PM) Hi, want to ask regarding above title. Only A portion will go to Insolvency.House join name. A and B A, bankrupt while B not If selling house, only A portion will go to the insolvency or both A and B will go to insolvency and they will refund back if there any excess money after deduction. Anyone got experience regarding this? Thank you  |
|
|
Jul 22 2020, 06:33 PM
Show posts by this member only | IPv6 | Post
#3
|
All Stars
14,511 posts Joined: Sep 2017
|
QUOTE(AmeiN @ Jul 22 2020, 12:21 PM) Hi, want to ask regarding above title. A's portion goes to Insolvency only.House join name. A and B A, bankrupt while B not If selling house, only A portion will go to the insolvency or both A and B will go to insolvency and they will refund back if there any excess money after deduction. Anyone got experience regarding this? Thank you No one is responsible for another person's debt unless he is a guarantor. |
|
|
Jul 22 2020, 07:29 PM
Show posts by this member only | IPv6 | Post
#4
|
|
Senior Member
4,735 posts Joined: Feb 2010 From: ★~Starlight~★
|
QUOTE(mini orchard @ Jul 22 2020, 06:33 PM) A's portion goes to Insolvency only. Ok thank you. Yes, guarantor case.No one is responsible for another person's debt unless he is a guarantor. |
|
|
Jul 22 2020, 07:29 PM
Show posts by this member only | IPv6 | Post
#5
|
|
Senior Member
4,735 posts Joined: Feb 2010 From: ★~Starlight~★
|
QUOTE(edyek @ Jul 22 2020, 06:32 PM) Only A portion will go to Insolvency. Tq |
| Change to: |  0.0124sec
 0.72
 5 queries
 GZIP Disabled
Time is now: 10th December 2025 - 07:17 AM |
Quote