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What will happen to the house
Comments
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Hi again...just one more question regarding if we were repossessed does the shortfall still fall into our bankruptcy whether we buy the BI or not ? Again many thanks0
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The buying the BI does not change anything.. BUT sometimes the mortgage company insist that you sign a deed accepting liability again so the overall answer is maybeHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
Okey dokey .....thankyou very much debtinfo0
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On the back of this is it £211 each for the bi?BSC # 308I should really rename myself mummytothree!!! Child no3 born 14/09/10ED 12/01/110
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If you are doing it at the same time it is just one £211 payment as the solicitors will put it all down on one deedHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
Thanks for that, really helpful.BSC # 308I should really rename myself mummytothree!!! Child no3 born 14/09/10ED 12/01/110
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