Bankruptcy and divorce

Myth
  Myth
“My husband and I have separated and he is going bankrupt. However, I have been told I will get the house as I have our young children to bring up.”
Fact
  Fact
In the event of bankruptcy, the security of the matrimonial home will be threatened and the question will arise as to whether the property should be sold to pay off the creditors. It is therefore not a foregone conclusion that you will be able to retain the house. A specialist family lawyer will be able to look at the case and advise accordingly on how best to secure a home for the children.

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