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T O P I C R E V I E W
robin303
Posted - 12 February 2012 : 12:41:45 Hi I was made bankrupt 2009 to 2010. After this I took out a bridging loan with the same mortgage company that I went bankrupt with, at the time they sold my property and had a shortfall of £54,000. When I took out bridging loan they knew I had been bankrupt with them in the past but said it was ok. I took the bridging loan and when I went to convert it 3 months later they would only covert it if I agreed to the outstanding balance being added to my new loan. I had no option but to accept as they were going to add it to my bridging loan when my 9 months were up and I had to pay that back. Is this allowed if the original balance outstanding was included in my original bankruptcy? None of this was mentioned when I took out the last mortgage with them. Can I get this amount back as I am now selling the property and they have added it on?
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debtinfo
Posted - 12 February 2012 : 13:17:02 some numbers would be helpful, has the mortgage itself changed since the bankruptcy order date and have you signed anything agreeing to be liable for the mortgage debt again since the bankruptcy order date
