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 I went bankrupt on monday and have a mortgage
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Michelled519
Starting Member



1 Posts

Posted - 12 March 2011 :  08:47:51  Show Profile  Visit Michelled519's Homepage  Reply with Quote
A went bankrupt on monday and have a mortgage on a property. The OR said I should get some advice on what to do with the property. The property is in negative equity and I can no longer afford it on my own. Can u please advise what I should do as I do not want to make myself homeless as I have a toddler. Many thanks

Bigal4787
forum expert



United Kingdom
641 Posts

Posted - 12 March 2011 :  09:07:33  Show Profile  Reply with Quote
Hi Michelle,
welcome to the forum, you should be able to find the information you want here.

As regards your problem, the mortgage rescue scheme maybe an option, this link may help:

http://forums.moneysavingexpert.com/showthread.php?t=1930931&highlight=mortgage+rescue

Hope this helps

Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.

If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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glafy
forum expert

436 Posts

Posted - 12 March 2011 :  10:43:24  Show Profile  Reply with Quote
Welcome to the Forum Michelle.




"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!!
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