Author Topic: Our house after bankruptcy  (Read 3177 times)

Kazzaf82

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Our house after bankruptcy
« on: Nov 01, 2017, 05:39:04 AM »
Hi, it's my first time posting so hope I'm doing it right ?.


We were made bankrupt 8 years ago. At the time our house was in negative equity. The official receiver sold the beneficial interest to my father in law for £1.


We are in the process of selling our house at the.moment but I've noticed on the land registry that there is a restriction that says


No disposition by a sole proprietor of the registered estate (except a trust corporation) under which capital money arises is to be registered unless authorised by an order of the court.’[/font]

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Does anyone know if this.means we can't sell the house?  We did receive a letter at the time stating that the official receiver has no interest in the house and that bankruptcy restrictions were taken off the land registry.[/font]

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Thanks[/font]

Lisa Thomas

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Re: Our house after bankruptcy
« Reply #1 on: Nov 01, 2017, 12:50:35 PM »
I'm not sure what that is referring to - it doesn't sound like the standard Bankruptcy restriction - does it go on to say more?


Your conveyancing solicitor should be able to explain and get this sorted for you.
www.Nevilleco.co.uk 01752 786800