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 bankruptcy postbag for august
 negative equity
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jane.m
Junior Member

230 Posts

Posted - 23 August 2008 :  21:27:27  Show Profile  Reply with Quote
Hi All

Just wanted to confirm something if you are made br by a creditor and your house is in negative equity do you not get the option to buy out the or interest the same as you would if you petitioned for your own bankrupcy.

Many thanks

John
New Member



United Kingdom
73 Posts

Posted - 23 August 2008 :  22:06:22  Show Profile  Reply with Quote
Hi jane

Yes you would get that same chance as there is no benefit to the creditors to do otherwise.

www.Bankruptcyhelp.org.uk
0800 078 9367
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