HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 New Questions
 Forum Questions
 Beneficial Interest - Expert please

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
poodle Posted - 25 June 2009 : 11:33:45
Hi,

Just wondering have any of you ever wanted to buy your beneficial interest and not been allowed to? We are at least £7k in negative equity our mortgage & secured loan come to £820 per month and this is manageable from our income if we have no longer got credit card debts which is thre reason we are going bankrupt!

Grateful for your advice on this.

Liz
3   L A T E S T    R E P L I E S    (Newest First)
Suzanne Posted - 25 June 2009 : 15:08:52
No, they still have their security on the property, so as long as you are able to continue to pay that there would be no issue. The different debts, secured and unsecured, would be dealt with by different areas of the company anyway.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
poodle Posted - 25 June 2009 : 15:02:18
Hi Suzanne,

Thanks for your advice, additionally, our mortgage is with abbey and our secured loan with barclays and these are two of the credit cards we will be putting into our bankruptcy.

Will abbey and barclays be funny with us about this?

Thanks
Suzanne Posted - 25 June 2009 : 14:59:23
Hi poodle

As long as you can show documentation that you are in negative equity, and your mortgage payments are not excessive in relation to your income, the OR will be only too pleased to sign off and finalise another case.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06