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 if you own your house out right
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Peter.ch
Starting Member



1 Posts

Posted - 26 February 2014 :  05:50:55  Show Profile  Visit Peter.ch's Homepage  Reply with Quote
if you own your house out right will they try to get it sold or not accept you for bankruptcy

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 26 February 2014 :  07:40:47  Show Profile  Reply with Quote
Hi Peter,

If your share of equity in your home is enough to cover your debts, then you are not insolvent, in which case, bankruptcy is not an option.

Can you post a few details about your situation.



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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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 26 February 2014 :  08:19:36  Show Profile  Reply with Quote
Hi and welcome to the forum.

As Viki says, can you let us know a few more details then we can advise further.

You could also have a chat with an expert,

The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant


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