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One mortgagee applying for BR in joint mortgage with negative equity?

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Mike.pn
Starting Member

1 Posts

Posted - 06 February 2012 : 02:55:01

How does the system cope with a shared mortgage on a property with negative equity when only one mortgagee is applying for bankrupcy?

Viki.W
forum expert

United Kingdom
2211 Posts

Posted - 06 February 2012 : 08:28:18

Hi Mike,

Do you both live in this property?

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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