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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 carl[/i] [br]Hello all I have received my automatic discharge from BR on 27th August 2011. I do not have an IPA/IPO in place but the OR holds the interest in my property which is mortgaged and approx 20- 25k in negative equity. I have life insurance in place which pays out a cash lump sum in the event of my death and I am wondering what would happen should I die in the next 12-18 months whilst the OR has an interest in my property? My life insurance policy easily covers my outstanding mortgage and is a separate policy which isn’t inked to my mortgage provider. From my understanding the Policy will just be paid out to the trustees of my Will and distributed however I choose. Would the OR have any claim on this money? and what would the OR normally do in this type of case? Thank you Carl [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.