Wednesday, February 11, 2015

UK Inheritance and Bankruptcy rules?

UK Inheritance and Bankruptcy rules?
Added (1). I was made bankrupt in 2010, discharged in 2011.
I also have a small CCJ from 2011 and other small debts amounting to around 10k.
I am due to inherit a 1/4 of the sale of my deceased dads house.
We anticipate the house to sell for around 180-200k as and when, hopefully by this summer.

I plan to clear all debts and save the remainder.
Get my credit record clean again and perhaps look at getting a mortgage in a couple of years.

Assuming I get around 40-50k will it be affected by my bankruptcy?

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