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 I HAVE A £190,000 mortgage
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laura.3
Starting Member



2 Posts

Posted - 24 September 2010 :  11:36:32  Show Profile  Visit laura.3's Homepage  Reply with Quote
I HAVE A £190,000 mortgage on a house with my ex-partner. The house is worth no more than £150.000 so we are in negative equity. We are £2000 in arrears and cannot keep up the £1000 monthly mortgage repayments - my ex's income has drastically reduced and I earn only £300 per week. We both have got new partners and have let the house for £600 per month so the arrears are increasing. My ex is awful with money snd cannot be relied upon to even open letters/demands. Can I file for bankruptcy?

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 24 September 2010 :  13:03:17  Show Profile  Reply with Quote
Hi Laura,

This is a duplicate post, have you any other debts and do you want this house to be repossessed?

Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Housing
Senior Member



United Kingdom
1399 Posts

Posted - 25 September 2010 :  12:07:54  Show Profile  Reply with Quote
Hi

Post with more detail. I have saved many repossessions for people - it may not be too late

Richard

"There are no problems - only solutions"
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