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 need my house to be re possessed first ?

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T O P I C    R E V I E W
bobby15343 Posted - 27 March 2009 : 07:51:20
i was able to read in a certain thread that i need my house to be re possessed first then i will have my bancruptcy .. my bancruptcy date is april 1 @ 10 am .. but my house will be repossessed on the same date april 1 but at 11am .. any advice will be appreciated .. so that i know if i ned to cancel my bancrutcy .. tnx
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bob Posted - 27 March 2009 : 10:17:41
tnx .. do appreciate your reply ... this site is been a big help for me ..
John Posted - 27 March 2009 : 10:10:27
Hi bob

as long as you have entered the details of your mortgage in the unsecured part of section 4 this will capture any shortfall.

For amount owed enter £1, for date incurred enter unknown, for reason for debt enter potential shortfall.

John White
England Jackman & Spacey
bob Posted - 27 March 2009 : 08:40:35
tnx john .. for the reply .will any shortfall will be included in the bancruptcy .. tnx .. sorry for further asking is just i need further clarification in this situation i am in .
John Posted - 27 March 2009 : 08:35:47
Hi bobby

the timing of the repossession will make no difference to your bankruptcy application being accepted.

John White
England Jackman & Spacey

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