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could do with some advice..
sick_note_3
Posts: 3 Newbie
if you have already gone bankrupt, and the house was part of that. Can the mortgage company, after selling the property, come to you for the out standing balance????
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Comments
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Hi and welcome to the forum.
They can try, but as long as you have not signed anything after your BR in relation to the shortfall, there is absolutely nothing they can do about it. Once the property is sold, any shortfall becomes unsecured debt and is therefore covered by your BR.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
thank you for that.
I was just in the need for a positive answer. many thanks0
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