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T O P I C    R E V I E W
nando Posted - 27 February 2010 : 17:38:01
Hi,
I could really do with some help and advice on bc, Iv read several forums that relate slightly to my situation, so what I really need to know is:

1) is it correct if im in negative equity and can get someone to buy the benificial interest in my house, the house will then be excluded from the bc?

2) Would a secured loan taken out on my home be left with the house or added to the bankruptcy?

any help will be much appreciated
thanks
Nando

1   L A T E S T    R E P L I E S    (Newest First)
debtinfo Posted - 27 February 2010 : 17:51:01
1) yes, you can also buy it back your self

2)The secured loan would be left with the house, so you would have to be able to afford the monthly payments

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