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 I received lots of help on this site and have a friend who could use some advice
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Starting Member

46 Posts

Posted - 15 January 2017 :  11:29:07  Show Profile  Reply with Quote
I received lots of help on this site a few years ago, when I was declared BR. I have a friend who could use some advise please. He was declared BR in 2013 and managed to stay in his mortgaged property but is now in a position where he cannot afford the mortgage anymore. The house is in negative equity and he feels he is fighting a losing battle. Would he need to apply for BR again or could this be included in the 2013 BR, given that the OR still holds an interest? Any advice would be greatly appreciated.


United Kingdom
4590 Posts

Posted - 15 January 2017 :  17:28:33  Show Profile  Reply with Quote
Duplicate thread - check this out as there are some answers on there


The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant

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Lisa Thomas
forum expert

United Kingdom
35 Posts

Posted - 17 January 2017 :  09:51:11  Show Profile  Visit Lisa Thomas's Homepage  Reply with Quote
I suspect as so much time has passed since the BKY (and presumed discharge) this is likely to be a 'new' debt that can't retrospectively be included in the BKY.

Has the Official receiver shut the Bankruptcy case?

Your friend needs specialist advice.

Contact me on 01752 786800 or Lisa@nevilleco.co.uk
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