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T O P I C R E V I E W
luckyone
Posted - 26 July 2009 : 20:46:27 Hi again can someone please explain in simple terms what this thing is to secure your home by paying £211 and £1 each court date in september dont want to lose the house. Any help much appreciaited
1 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 26 July 2009 : 21:58:01 Hi,
You, or a third party, buy the beneficial interest in your house for £1 plus the court fees. This is normally when the house is in negative equity.
By doing that it means that the house is taken out of the bankruptcy and the OR won't touch it.
