I jointly own a property with my wife – can my trustee in bankruptcy force a sale of the property?

Year Published: 2015

The short answer is yes. The trustee is likely to give you or any third party 12 months from the date of the bankruptcy order to purchase their interest in the property. However, if a sale of the property is required, the trustee can require this to take place notwithstanding anyone else’s interest in the property, unless there are exceptional circumstances. If you believe that there may be exceptional circumstances why your property should not be sold please contact us for further advice.

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