We are currently buying back the BI in our property, and have been given an IPA for 36 months. We are hoping for early discharge, if not automatic in Nov. If house prices increase next year[ heres hoping] can we sell our house and pocket profit, or as in an IPA do we have to offer any monies to OR??
Once you have bought out the beneficial interest in your property it no longer forms any part of the bankrutpcy estate. So if this does happen, happy days, the money is yours to keep.
currently buying back the BI in our property
Posted - 03 June 2009 : 20:23:25
