I

Hi,

I have just gone bankrupt on advice with my solicitor (I'm a single mum with kids, marriage broke down and couldn't afford to repay) and my ex husband and I had a property which we are currently selling. My solicitor said it would push the mortgage company to release the house for sale as in negative equity, which it did. But after speaking with the Official Reciever, they have decided that the mortgage company wants to reposses the house!? What does this mean for my bankruptcy will I still be discharged after a year, or will I have to wait til the mortgage company sells the house? What will this mean for my ex? Really concerned as i have tried to get the house sold to improve the situation. (House is empty so doesn't affect anyone with regards to living)

Many Thanks


Answer:Why not speak to your solicitor or the receiver? They have all the relevant facts.

For what its worth, I imagine that the solicitor expected the house to be repossessed, as the lender would rather they sell it than leave it to the receiver.

Related posts:

  1. Is it true that you can ... ...
  2. I would like to get a bank loan? as i said i need to get a loan...
  3. Father to buy out Mortgage. Tax implications (UK)? ... ...
  4. My name on deeds to my sons flat? my son has tranferred my name on the deeds...
  5. Ebay what sells GOOD? ... ...

Leave a Reply