I'm actually writing for my parents (both approaching retirement).(posted 7117 days ago)Dad lost his half of the house after being bankrupted in the last recession. Despite repeated attempts to buy his half back since then, the files always seemed to be missing. Now, at the peak of the market the trustees are saying that if they do not settle the outstanding debt (£35000 has become £75000 over the years) then they will sell the house.
My questions are can they actually force a sale if mum still owns 50%? Can they really add interest at 8% after a bankruptcy?