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T O P I C R E V I E W
mi-sh
Posted - 21 May 2009 : 23:22:54 i am self employed no mortgage arrears and house is probably in slight negative equity i have 2 dependant children and debt is £87000 inc £7500 to tax man if i go bankrupt will i lose my house?regards steve.
1 L A T E S T R E P L I E S (Newest First)
Suzanne
Posted - 22 May 2009 : 10:16:12 hi Steve
Not necessarily, if you have someone who can buy the beneificial interest (being in negative equity this would be £1 plus OR costs) you would be able to keep the house. Providing of course you are able to maintain payments to the secured lender/s