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Seller Bankrupt After S&P

 
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limperz



Joined: 08 May 2012
Posts: 1

PostPosted: Tue May 08, 2012 10:15 pm    Post subject: Seller Bankrupt After S&P Reply with quote

I have bought a unit and already started the process until signing of S&P and my loan is approved. I have already move in the house now as per the contract that I will move in upon the signing of S&P. After a few months, I did not any notes about loan repayment.

My lawyer told me the seller/company(bought using company name) is bankrupt. She said she checked that the seller wasn't listed in the bankruptcy when the search is done. (Not sure if that's the case and I have a lil doubt for the answer)

I would like to continue the buying as I did some renovation and felt comfortable with it now.

How do I know who is the rightful owner now so I can negotiate to continue with the purchase?

Should I enquire from Jabatan Insolvensi?
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Kenny
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