Lloyds wont accept surrendered house

GTS15

Hi all


Very odd situation so will try and be brief. My business of 15 years failed leaving me with nothing as I was the companies biggest creditor and tried to do the right thing by using my savings , every penny to pay what I could. As a result I had to give up my 2 houses in order to get out of a charge order a creditor placed. Coventry where ok and took the house fine however llyods are being nothing but bullying. I gave a letter and keys into the brand in Feb this year and my bankruptcy came through in april 2018 so never thought anything of it till I received a letter telling me to sign a short fall waiver. I rang up to find out what was what and the woman who was incredibly bullying stated that they will do nothing as I am in credit in the mortgage some £22,000 due to overpayments. As the payment is only £70 per month it will take a very long time to clear. I know some will say just pay the mortgage however no point as the charge will make all the stress of the bankruptcy etc for nothing.


My real question is since I gave the keys in and the bank acknowledge this can they then decide that they wont take back and force me to sign a form that will effectively wipe out the bankruptcy. Just when I thought the stress was over this happens and really makes you wonder what is the point as nobody helps

Browntoa

https://forums.moneysavingexpert.com/discussion/comment/74380829#Comment_74380829

Your other thread suggested that the charging order should never have been allowed anyway

Why have you not challenged it ? And what was the outcome of the court case

It's easier for people if you stick to one thread

glentoran99

you could sell the house

GTS15

Was a different type of question