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Shell58
Starting Member



12 Posts
Posted - 03 September 2011 :  18:42:50  Show Profile  Visit Shell58's Homepage  Reply with Quote
Hi again,

Could anyone advise what happens to a secured debt on the property after BR if it isn't cleared through the sale after voluntary repossession?

Thanks again

Niobe
Administrator



United Kingdom
4590 Posts
Posted - 03 September 2011 :  19:39:50  Show Profile  Reply with Quote
Hi,

As soon as the property is sold then the secured debt becomes unsecured and is included in the BR.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
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