Question: Is it true that if you live with someone who is terminally ill and you have been declared bankrupt that has to be considered first before the house can be repossesed and sold? The thing is I have always lived with my cousin who is HIV positive could this help my case or its not true at all that they would consider this.
Answer: In bankruptcy any property with equity is considered an asset and can be taken/liquidated to be paid into the bankruptcy. The OR can allow you up to 12 months to find new accomodations and move.
I cannot say if the courts/OR would not take the property due to someone being ill who resides there. You may want to query this at www.insolvency.gov.uk or also with the OR/Trustee if you are already bankrupt.
Bankruptcy
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