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T O P I C R E V I E W
suev
Posted - 02 May 2009 : 05:30:42 Hi my iva did not work because of the fall in house prices so i am now renting and i signed my house over to the or, because of the large drop i do not think the house sale will cover my first and second secured against the house and also my credit cards against the house, and they still come after me for what is owing after i have been discharged from my bankruptsy if i included them all in my bankrmptcy, as the second morgage representative said that houses are sometimes not included and this confused me? please advise as i am worried sick enough
1 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 02 May 2009 : 08:31:19 generally speaking from my experience you will struggle to find a mortgage rep who actually understands how insolvency works and the implication of how handing back a house impacts on everyone.
If you go br and hand back the house - including the negative equity of the statement of affairs, then you will have the shortfall covered in Br.
Please don't sign one of their forms agreeing that the shortfall is excluded from Br
