Just double checking my SOA and would like to clarify what I should be putting down in the section "List of Secured Creditors".
The bit I am unsure about is the question: "What of yours is claimed and what is it's present value"?
To explain further I have the following:
Name of creditor: Barclays Address: XXXXXXX Account Ref: XXXXXXX Amount Owing: £170,112.16 What of yours is claimed and what it its present value??????? Net amount owing (A-B) £
Name of creditor: G E Money Address: XXXXXXX Account Ref: XXXXXXX Amount Owing: £20,964.71 What of yours is claimed and what it its present value??????? Net amount owing (A-B) £
Am I right in saying that I should put down what the current value of the house is (I have had a survey done and it's £185k)
As you can see I am a bit confused and I want to make sure everything is correct prior to the Court hearing.
its just asking 'what is the money secured against'?
so for the mortgage put 'house' and its value , and follow the same guideline for the GE Money one as well .. i dont know if thats a 2nd mortgage/secured loan ? ..if it is put 'house' again
SOA Question Section 4
Posted - 11 February 2010 : 18:07:58
