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The May 2009 Bankruptcy & Debt Relief Order Club!

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Comments

  • DON79
    DON79 Posts: 3,842 Forumite
    Hi Jo Bla

    I don't really know the answer to this one am afraid, you might be better to make it a new thread on the main board so more people will see it perhaps? You could try posting it on the mortgages board too as they may know more.

    I think however once you have signed up as guarantor, then it is for the life of the mortgage with the original company it was taken with. If you remortgage with the same or a new company, then I believe the guarantor would need to re-sign the paperwork in order for him to continue being guarantor. If you just change from one fixed interest deal to another, I don't think that would remove the guarantor's responsibilities.

    Sorry can't be of more help.
    BSC #215/No.1 Jan 09 Club
  • Dizzymum_3
    Dizzymum_3 Posts: 81 Forumite
    Hi DON79
    would i be able to join the may club?
    my DRO will be submitted in the next week or so.

    x
  • DON79
    DON79 Posts: 3,842 Forumite
    Hi, yes of course you can and you have just raised a valid point too! It should really be the BR & DRO May club!

    Welcome to the club Dizzymum and best wishes for the DRO going through. :D
    BSC #215/No.1 Jan 09 Club
  • Dizzymum_3
    Dizzymum_3 Posts: 81 Forumite
    Thank you :j

    I was hoping to submit my DRO this week but the postman has not brought me my barcode to pay the £90. he keeps bringing me all the nasty letters from creditors though lol . I will let you know when the deed is done, and hope you can all keep your fingers crossed for me while i wait to hear form the OR to let me know if my application has been accepted.
  • DON79
    DON79 Posts: 3,842 Forumite
    Awww I hope it comes soon then. I think that this DRO option is going to really help lots of people who are struggling. fingers crossed!
    BSC #215/No.1 Jan 09 Club
  • Dibs88
    Dibs88 Posts: 51 Forumite
    Fellow May members,

    It will soon be May in a few hours, and I would just like to say good luck to you all, this also goes to new members yet to join the club :D
    Stick together and we will get through it :j:T:j
    Cheers Dibs :cool:
    BR - May 2009 and discharged May 2010 / IPA Nov 2009 - Oct 2012
    May '09 BRC #007 / BSC #269
    Never regret the past, just make sure you learn from it....
    ...and a smile does not cost a penny!
  • foulplay13
    foulplay13 Posts: 97 Forumite
    Knock me off the list for the moment, my BR is on hold (I'll be posting a thread shortly..).......



    :eek::mad:
  • Got my date - Monday 11th May :D
  • DON79
    DON79 Posts: 3,842 Forumite
    Hi, bumping up for any newbies!

    Have added your date on the list gettingoutofdebt!

    foulplay13 have posted on your other thread but you are still a member of the club and most welcome too. ((((hugs))))
    BSC #215/No.1 Jan 09 Club
  • DON79
    DON79 Posts: 3,842 Forumite
    Dibs88! Best wishes to you for tomorrow, I hope it all goes smoothly for you.

    Donna :D
    BSC #215/No.1 Jan 09 Club
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