For all those who have managed to keep their house...

Rach2007_2

Just to say thanks for the replies again before I turn in

x

gardenerswife

Hi,
Just to say we went bankrupt in March this year with equity in house - 5k after mortgage and secured loan were deducted. A family member has bought the equity back :j. So now OR has no interest in my house.

Like you my house was the one thing which had stopped me going bankrupt and for five years I had worked 60 plus hours to pay dmp. The OR would not negotiate over the figure to pay ( have heard others say they have taken off estate agents and solicitors costs first). We heard within two months - and within another two weeks all paper work was completed.
HTH
x

Rach2007_2

Thanks gardeners wife, am glad everything went well for you. I guess if push came to shove and the house went back into equity before everythng was dealt with, my parents would be able to help. I have heard also that OR's will not do any sort of deal with the equity - suppose they are just doing their job.

Many thanks again

Rach