The story of Mr & Mrs M... Mr. and Mrs. M, both in their 80’s, are living in a house owned by their son. They handed over their life savings to their son on the basis that he would buy outright a property for them to live in, at a nominal monthly rent. They found out that their son had mortgaged the property when he was made Bankrupt and the creditors obtained a Possession Order against the property in January. Both our clients’ health had seriously deteriorated worrying about losing their home of 9 years, with Mr. M being very poorly after suffering a number of strokes. Outcome: We were able to persuade the Bank not to enforce the Order and to pursue other assets. Mr. and Mrs. M have been able to keep their home. Mr. and Mrs. M, like many of our clients, were not eligible to receive free advice and without the support of DHA, would have lost their home.
Posted on: Tue, 27 Jan 2015 10:02:34 +0000
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