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frosie90
Junior Member

285 Posts

Posted - 16 November 2009 :  18:25:49  Show Profile  Reply with Quote
Hi all,
Just helping a friend fill out her on line forms. She has just "handed back" her house which has a mortgage and a secured loan on it. As she no longer "owns" the house, does she now put the mortgage and the secured loan in the Unsecured section of the form? Many thanks in anticipation of your help.

debtinfo
forum expert



2826 Posts

Posted - 16 November 2009 :  23:39:55  Show Profile  Reply with Quote
no fill it out as normal until the property is sold, she does still own the house, she is just not in control of it
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chester2005
Average Member



United Kingdom
786 Posts

Posted - 17 November 2009 :  00:24:59  Show Profile  Reply with Quote
the loans are stil secured on property until sold for less than the value of them.


Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
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frosie90
Junior Member

285 Posts

Posted - 17 November 2009 :  20:08:20  Show Profile  Reply with Quote
Thanks both. Yep she has now included them on the secured part. She got her court date tomorrow so reckon she all ready now. Thanks again.
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chester2005
Average Member



United Kingdom
786 Posts

Posted - 17 November 2009 :  23:53:43  Show Profile  Reply with Quote
let us know how she gets on..

Dave

Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
RevivaUK helped me through it all i can't recommend them enough!!
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