| T O P I C R E V I E W |
| Maz |
Posted - 10 October 2008 : 13:59:32
Hi
At my OR interview nothing was made clear about the BI in our house (we are both BR). We are in negative equity and I said that the unsecured potential shortfall is in our "unsecured" bit of the SOA. Because we are going to get repossessed does that mean no one needs to buy the BI? The examiner said something about the BI would cost alot because of all the negative equity, didn't really know what he was talking about, any help out there?? Thanks |
| 5 L A T E S T R E P L I E S (Newest First) |
| Needafriend |
Posted - 10 October 2008 : 15:27:05
Hi i know what you mean.
Oh well at least that bit is over an done now.
Enjoy the start of your new debt free life.
LOL
Jo x
Your Mother Hen :-)
Please visit my blog for info on how I got here and other information to guide you through from my experience called:
"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
| Maz |
Posted - 10 October 2008 : 15:17:58
Hi
Yes interview went OK, there were plenty of other things I would have preferred to be doing, like going to the dentist!!! |
| Needafriend |
Posted - 10 October 2008 : 14:21:29
Hi Maz
They will wite to you about that if they feel you have one or not. I would not worry.
Did the interview go all ok.
Jo x
Your Mother Hen :-)
Please visit my blog for info on how I got here and other information to guide you through from my experience called:
"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
| Maz |
Posted - 10 October 2008 : 14:13:10
Hi
An IPA wasn't mentioned!! Will they write to us to say whether or not we will need to pay into one? Thanks |
| Needafriend |
Posted - 10 October 2008 : 14:01:14
Hi Maz
I only think you need to buy the BI if you intend to stay.
If yoyu do buy it and its in neg then it would be £211 plus £1 to buy it.
They will write to you about it in a few weeks and advise.
Hope that helps. Oh did you get an IPA or anything.
Jo x
Your Mother Hen :-)
Please visit my blog for info on how I got here and other information to guide you through from my experience called:
"Mother Hen's New Debt Free Life with Links and added info on Bankruptcy!" available to view at:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
