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 bankruptcy postbag for august
 would we lose our house be for we went bankrupt?
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sarah b
Junior Member

170 Posts

Posted - 05 August 2008 :  11:31:52  Show Profile  Reply with Quote
me & my partner r in a iva which we r strugglin 2 mke repayments on, we went 2 citizens advice who helped us do a financial statement we have £50 a mnth 2 spare, we were originally payin £280 a mnth, i have contacted our ip who tld us our creditors would want £150 a mnth!

we r considering bankruptsy, would we b able 2 do this jointly? we own 50% of our house & housing assosiation owns the other half we dnt want 2 lose our home, we have little equity could we find out if we would lose our house be for we went bankrupt?

Suzanne
Average Member



United Kingdom
869 Posts

Posted - 05 August 2008 :  12:59:46  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi sarah

Please let us have details of the values of your property and outstanding secured lending and we will be able to give you an idea of your position.

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