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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Simon.ms[/i] [br]Hi - I have a property that is in negative equity by about £35k and I did not get someone to buy the beneficial interest, when I was declared bankrupt (sept 2010), because I am of the opinion that the property will not go into positive equity within the three year period. It seems that as I did not do this I may now be subject to a 'new way of doing things' by the IS, and they will re-visit the property value anytime between 2 years 3 months and the 3 year period, with lots of bells and whistle choices they can make. I genuinely believe it would be a miracle if the property went into positive equity due to the fact there is a problem with the lease (exorbitant ground rent) and it is only a little one bed flat. With all that in mind a £35k increase in value is just not going to happen. My question is what do I do at the end of the 3 years reference the re-investing of the property from the OR to me? Is this an automatic thing? Or does the OR office write to me again? Or do I need to make a note and call them? Any guidance would be gratefully received. This is such a cool place for help. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.