Be careful of the voluntary repossession forms as they normally contain a statement that says you will pay the shortfall even if you declare BR.
The debt can be included in your BR so there isn't a problem signing it before BR but be very careful of the wording used on the form regarding the shortfall.
Thank you I will be very careful and post back when the form arrives. We just want them to repossess as soon as but they haven't even contacted us about not paying!
Yeah, NR really dragged their feet with me, I was ringing them all the time asking them to hurry up and repossess the house, they wanted us to sign the "forms" but we wouldn't so they took 13 months to repossess the house from when we stopped paying them and moved out
Voluntary Repossession before BR?
Posted - 11 March 2010 : 18:08:58
