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T O P I C    R E V I E W
David F Posted - 11 February 2010 : 18:07:58
Hi All,

Just double checking my SOA and would like to clarify what I should be putting down in the section "List of Secured Creditors".

The bit I am unsure about is the question: "What of yours is claimed and what is it's present value"?

To explain further I have the following:

Name of creditor: Barclays
Address: XXXXXXX
Account Ref: XXXXXXX
Amount Owing: £170,112.16
What of yours is claimed and what it its present value???????
Net amount owing (A-B) £

Name of creditor: G E Money
Address: XXXXXXX
Account Ref: XXXXXXX
Amount Owing: £20,964.71
What of yours is claimed and what it its present value???????
Net amount owing (A-B) £

Am I right in saying that I should put down what the current value of the house is (I have had a survey done and it's £185k)

As you can see I am a bit confused and I want to make sure everything is correct prior to the Court hearing.

Many thanks for any help you can give.

David
1   L A T E S T    R E P L I E S    (Newest First)
digman Posted - 12 February 2010 : 19:24:17
Hi ,

its just asking 'what is the money secured against'?

so for the mortgage put 'house' and its value , and follow the same guideline for the GE Money one as well .. i dont know if thats a 2nd mortgage/secured loan ? ..if it is put 'house' again

Hope this helps

Andy

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