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 house has just been sold on assisted sale by mortgage company		  New Topic  Reply to Topic
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kcwimb
Starting Member

United Kingdom
3 Posts
Posted - 23 October 2012 :  11:51:37  Show Profile  Reply with Quote
house has just been sold on assisted sale by mortgage company they say debt will then be a never ending loan which will not have to be paid has we has negative equity left in monthly income this will leave me one hundred and four thousands approx in debt if i go bankrupt will my wife have to as house was in joint names

Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 23 October 2012 :  12:10:44  Show Profile  Reply with Quote
Hi,

If the mortgage was in joint names then you are both liable. So if you declared bankruptcy, then they would chase your wife.

Please speak to an expert for debt advice and discuss your options.



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
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kcwimb
Starting Member

United Kingdom
3 Posts
Posted - 23 October 2012 :  12:16:09  Show Profile  Reply with Quote
thank you Vicki for advise will wait to see if mortgage company are true to thier words.will let you know outcome
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