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
 How is beneficial interest worked out by OR

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
debtrider Posted - 04 August 2009 : 12:32:32
I believe my house will be valued at around £87000 and I owe £78000.
So how does the OR work out how much I will have to give for the beneficial interest. Does he take into consideration any costs incurred if he had to sell the property and deduct it from the BE required.

It all states in the letter from the OR that I have to pay solicitors costs, how much will they be?

Thanks again

debtrider
1   L A T E S T    R E P L I E S    (Newest First)
debtinfo Posted - 04 August 2009 : 18:50:42
Hi is the property solely or jointly owned, the OR does not take into account selling fees as the property is not being sold and he/she can sit on it for 3 years during which time the value is likely to increase. the sol fees for the OR are £211 for a jointly owned property and £473 (i think) for a solely owned one

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