Decided I am going for bankruptcy and house repossession

nervousmother

Everyone says not to sign if your going bankrupt, but the fact is you should not sign if your ALLREADY BANKRUPT, if you sign and your already bankrupt you aknowledge the debt again and become liable to pay it making a second BR possible..

kerrypn

stradlinho wrote: »

Thanks Kerry

I have one question regarding voluntary repossession and bankruptcy. After reading on this forum it seems that Northern Rock will try and make me sign an acknowledgment of shortfall which everyone advises not to sign if going bankrupt.

I certainly won't be signing it but as the mortgage is in joint names and both myself and the ex (with whom im not on speaking terms with) will be contacted, if she signs this acknowledgment will that be like I have signed it also if you know what i mean ?

You poor thing. I am a casualty of Northern Rock also. If your ex chooses to sign then thats her thing. Just dont sign anything yourself. NR may drag their feet over vol repo without it-but they will repo eventually. The shortfall will be included in your BR-list it on your SOA.

hth

out_of_cash

hi all,

help help help:eek::eek::eek::eek::eek::eek:

went br dec 2008 discharged dec 2009 last week wrote to all creditors asking them to update my cred ref files using the data protection template letter ico info attached etc.

Have i done a really really stupid thing, my printer ink ran out towards the end of the cred ref file update list,and i signed 4 of the letters so am i now in the crap all over again if so can someone kindly advise me how to protect myself from all this.

all the debts were listed in the statement of affairs on the br so i dont understand how they can come after the same debt again."god do i feel sick" Hellllllllllllllllllp please.

worried sick

regards

out of cash

nervousmother

Iv already PM you out of cash.......

tigerfeet2006

Nope! if they were from before your BR and are provable, whether on your petition or not, they will be included on your BR and they cannot come after you in any way, shape or form and if they do then we have a letter to send to them

RecoveringAlcoholic

OP has another thread running here:

http://forums.moneysavingexpert.com/showthread.html?t=2154055

MicheH

RecoveringAlcoholic wrote: »

OP has another thread running here:

http://forums.moneysavingexpert.com/showthread.html?t=2154055

Does it matter? All that matters is the OP is after some advice and support from all accounts. A horrible time in the OP's life and is down. There's nothing underhand, there's nothing contradictory, just the same theme running through two desperate posts. OP is trying to find a way to move forward. Whther that is council housing, repo, bankruptcy nobody knows but the OP has the numbers for help from both of his threads and a shoulder to cry on here.

RecoveringAlcoholic

MicheH wrote: »

Does it matter? All that matters is the OP is after some advice and support from all accounts. A horrible time in the OP's life and is down. There's nothing underhand, there's nothing contradictory, just the same theme running through two desperate posts. OP is trying to find a way to move forward. Whther that is council housing, repo, bankruptcy nobody knows but the OP has the numbers for help from both of his threads and a shoulder to cry on here.

Comments noted.


.

kerrypn

Cant believe some of the comments on this other thread :eek:

Mental note not to post on THAT board

MicheH

Very quick to judge or ridicule arnt they Kerry. I was shocked too.