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 bankruptcy postbag for august
 Section 4 on SOA

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T O P I C    R E V I E W
grantspants Posted - 31 August 2008 : 13:30:00
Hello peeps

Can anyone tell me what I put in section 4 on the SOA for 'NET OWING'?
I've put the mortgage amount in the 'amount owing' column, is net owing how much the property is currently worth?

This is in the secured part of section 4.

I may be back with other questions too, so please bear with me, want to get it right

Thanks folks
1   L A T E S T    R E P L I E S    (Newest First)
Needafriend Posted - 31 August 2008 : 13:31:24
Hi Grantspants,
I put what is the balance owing plus any charge for early redemption.
Hope this helps
Jo

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