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What will happen to ???

cosmic_dave
cosmic_dave Posts: 46 Forumite
in Bankruptcy & living with it
When we go br in a few weeks what happens to the ccjs and charging orders on the house ? the house is in about 30k neg equity
also will we be able to carry on paying the utility bills by direct debit or will we have to have metres ?
just trying to find out whats going to happen really...

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The CCJ's will be included in your BR. Are the CO's final or interim? If they are final then they don't go into the BR and will stay secured on the house.

    Most utility companies will just let you carry on as normal. It's been a while since Ihave seen one put in a meter without the person wanting it on here.

    Who are you banking with?
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • cosmic_dave
    cosmic_dave Posts: 46 Forumite
    edited 29 September 2011 at 9:16AM
    bank with the coop, if the house is is neg equity how can the co's get paid/written off ??? its all very confusing ?
    ive also been told if u dont give the house up the interest rate goes through the roof on the mortgage we are with northern rock and they have been great so far !!!
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Do you have charging orders yet? If so. are they interim or final ones?
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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