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 bankruptcy postbag for july
 if i go bankrupt will the debt be written off ?		  New Topic  Reply to Topic
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richard.b
Junior Member

170 Posts
Posted - 29 July 2008 :  23:33:18  Show Profile  Reply with Quote
i've recently had my house repossesed and the mortgage co are selling it for 30k less than the debt. if i go bankrupt will the debt be written off even though the house is not yet sold.thanks in advance.

Needafriend
Junior Member

United Kingdom
344 Posts
Posted - 30 July 2008 :  07:22:00  Show Profile  Reply with Quote
Welcome Richard b to the forum

Im not 100% sure on this one but the experts on here and indeed other members will be able to help to answer that question shortly.

Hang on in there and keep posting your questions.

You could try reading some of the older threads and see if there is anything similar that may answer this question whilst you are waiting.

If not wont be long some one in the know will get back to you soon.

Take care

JO

"Lifes too short, Grab it while you can, Make each day count and live life to the full. Dont Worry- Be Happy!"
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Suzanne
Average Member



United Kingdom
869 Posts
Posted - 30 July 2008 :  09:05:31  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi richard

If you peition for your bankruptcy any shortfall or potential shortfall will be included in the bankruptcy.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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