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 What happens about charging orders based on unsecured debts in bankruptcy ?		  New Topic  Reply to Topic
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Sznn
Starting Member

3 Posts
Posted - 26 September 2012 :  16:58:12  Show Profile  Reply with Quote
I have no equity in the property. If I went bankrupt and continued to pay mortgage (no arrears) would I still have to pay anything else that was secured on the property - like charging orders that were based on unsecured debts?

debtinfo
forum expert



2826 Posts
Posted - 26 September 2012 :  17:44:59  Show Profile  Reply with Quote
Yes if you wanted to keep the property you would need to maintain payments to any debts secured on it
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