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 Are ground rent arrears included ?

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T O P I C    R E V I E W
hamish123 Posted - 15 October 2008 : 20:28:46
Hi There,

We have recently declared ourselves bankrupt and it has all gone very smoothly so far. We just have a question that no one seems to be able to answer even the OR... Are ground rent arrears included in the bankruptcy or not? We are being pestered by a land management company who are demanding full immediate payemtn of ground rent we were unaware of....

Any suggestions would be helpful as this one seems to be a mystery to everyone!

Hamish
2   L A T E S T    R E P L I E S    (Newest First)
Needafriend Posted - 16 October 2008 : 11:29:44
Hi Hamish

I dont know if this helps but its actually a difficult one to answer. The general consensus is that ground rent arrears can effect the title to the property, so can be assumed to be treated as secured debt.

Only a guide though as insolvency law is a bit complex. I dont know if this helps at all.

If you want to discuss this in more detail or feel you need to clarify anything then give us a call, its 0800 078 9367.


Take Care

Jo x

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Needafriends Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend Posted - 15 October 2008 : 20:34:34
Hi Hamish and welcome

Im not familar with that one, but if you can bare with me i can certainly find out and get back to you.

Thanks

Jo x

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Needafriends Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/

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