All Forums  archive  Forum Questions  Hi Everyone,I'm very worried a the moment

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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 poodle[/i] [br]Hi Everyone, I'm very worried a the moment, my husband and I have booked our court dates for 2nd July. Our house is in negative equity by about £7k, have had it valued this morning. My husband is on job seekers and I work full time and bring home approx £1760 per month. Of this my mortgage is 500 and secured loan 320. We can along with my husbands benefits and child allowance manage to live albeit tightly on that amount. The reason we are going bankrupt is our credit cards are sky high and we can no longer pay them. We've taken advice from national debtline. I know in theory, because we are in negative equity that the OR should sell our beneficial interest for £1 plus fees, but will they have a problem with the fact that we are paying 820 per month for mortgage and secured loan anyway. Has anyone else any experience of this. We have a 1 year old child and I have lived in this house for 24 years and it would break my heart to lose it. Thanks for listening, advice greatly appreciated. Poodle x [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.