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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 eckydelph[/i] [br]I am new to this forum and have so many questions as we are at the do we or don't we stage so I apologise in advance. We are currently in arrears with our Mortgage and have applied for help under the Mortgage Rescue Scheme, the housing association has just offered a 60/40 split which we now need to take to our Mortgage Company and Finance Co (secured loan). It will mean that part of the secured loan will be paid off and the remainder put to unsecured if they agree. What I need to know is would that be seen as selling our assets even thou we are in neg equity due to the valuation and would the OR look at the unsecured bit as taking debt on when you had no intention of paying it back. We are considering filing for Bankruptcy as soon as the house has all gone through. Thanks for any advice available [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.