http://forum.lowyat.net/ Sat, 25 Jul 2026 17:34:59 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/0 Finance, Business and Investment House Thu, 01 Jan 1970 07:30:00 +0800 http://forum.lowyat.net/topic/1684383 Hi Friends,<br /><br />I&#39;m not sure if this is the right forum to address my questions, but here it goes:<br /><br />I got a friend who few years ago bought a house with her ex-bf, but unfortunately, their relationship gone sour and decided to go on separate<br />ways. After some consideration, she agreed to give all her share (50%) to her ex-bf, in return, she just want her name to be taken out<br />of the house title.<br /><br />Her concern is, IF her ex will be bankrupt, is she will be affected? as of now, she can&#39;t get any loan because of the bad record of the<br />payment of her ex to their &quot;ex-dream house&quot; (he haven&#39;t paid in a few months).<br /><br />She contacted a lawyer and the lawyer told her that she WILL be affected in case her ex will be bankrupt, because even though she<br />canceled her name on the joint house title, she is still part of that title...a little confusing and contradicting in my opinion, but I&#39;m not<br />sure if it is true...<br /><br />She and her ex are not in good terms anymore, she doesn&#39;t really care of the house, she just want to get rid of her name in that bloody<br />house title. oh, by the way, their house loan just turned 5 years old...<br /><br />Please advice <!--emo&:)--><img src='http://static.lowyat.net/style_emoticons/default/smile.gif' border='0' style='vertical-align:middle' alt='smile.gif' /><!--endemo--> satanas Property Talk Mon, 20 Dec 2010 15:43:54 +0800