All Forums  archive  Forum Questions  When shall I go to court to declare bankruptcy?

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

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 Corinna.w[/i] [br]I am pregnant, in an IVA which I have already defaulted on, and have a mortgage on a property in negative equity. When I have my baby in September, I shall have to stop paying my mortgage too. I want to fold everything in. I also want the worst of this to be dealt with before September. My mortgage lender will not provide assistance on sale until I default on my mortgage, and I need to be able to guarantee that any loss on sale can form part of my bankruptcy. I also of course, would much rather deal with all of this, before baby comes, but of course my I&E shall not before September indicate an iniabiloity to pay my mortgage. When is the best time to go bankrupt and how do I ensure losses on sale of my property are rolled into the bankruptcy? I should clarify, I am intending to deal with my bankruptcy myself by appliction to the Court and OFR. I am not intending to go bankrupt with my IVA company. I should also clarify that I am leaving the property in September, since I am single and without support near to my mortgaged property. I am leaving and living with relatives and hoping to start all over again! I shold further clarify that at the moment I am in employment, but from September shall only be in receipt of SMP, and thereafter don't stand a chance of returing to even my current earnings which aren't proving adequate without baby! [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.