All Forums  archive  bankruptcy postbag for march  help please!

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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 cpen[/i] [br]hi i hope someone can advise me. My husband and i were made bankrupt in may this year ans all in all its been a great thing for us.We got ourselves in a terrible mess and couldn't get out. I have some descisions to make firstly we have term assurance which the OR says is now an asset so we need to either cancel or pay the or to release it back to us.We have small children so can't really afford not to have it but we are still struggling financially so it would be difficult to raise the £100 that the OR wants especially this time of year.Could we cancel the policy and start a new one when we have been discharged?wouls we struggle to get life insurance having been mad bankrupt? Secondly we don't have to sell the house as we are in negative equity but we are struggling to make the mortgage and 2nd loan payments do we voluntarily give it up and move into rented?Would we struggle to rent being bankrupts? I am really worried about the insecurity of renting. please help c pen [/quote]   Check here to include your profile signature.