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HDB Questions

Asked by Anonymous 26 Dec 2013

what will happen the the cash proceed if a bankcrupt sell his hdb flat?will the OA take all the cash money from him?

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Mike Lim · Answer 1 · 2013-12-26T11:27:24+08:00

Mike Lim

Replied 26 Dec 2013

Morning, Based on standard cases, property that's under joint tenancy, the OA will take 50% of the case proceed which should be your share, to settle your outstanding loan. The balance 50% which will belong to your spouse will be left untouched. FYI Mike Lim 96929209 m52i@yahoo.com ERA Read More

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