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Maz
Junior Member
United Kingdom
239 Posts |
 Posted - 12 September 2008 : 09:51:09
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| Hi, I have just had a call from the Nationwide about my overdraft. I told them I am now bankrupt and the OR is dealing with it. He said they won't accept bankruptcy and will persue the matter and somehow get the debt secured on our house. We are in negative equity and will be handing back the keys and and the shortfall will go into our BR. Can they really do anything as I thought all debts would be written off?????? Thanks |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 12 September 2008 : 09:57:48
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Hi Maz
As long as it was included in the SoA then as far as i am aware they can do nothing.
I would not worry, if i am wrong i dare say someone will correct me but that is how i see it.
Jo x
"There is light at the end of the tunnel, if you cant find it get a brighter torch"
For links to help with Bankruptcy, useful web pages and also a run down of my new debt free life, both before and after Bankruptcy, then please visit my blog:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 12 September 2008 : 09:57:54
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Hi there
no doubt you spoke to someone who hasn't gone through the training program or was asleep during the insolvency module.
Unfortunately people like that don't do the reputation of organisations like nationwide any good at all. They were probably fruntrated that they couldn't collect the debt.
don't worry.
I am sure that you have put the Nationwide details on your SOA so it will be covered in Br.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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Maz
Junior Member
United Kingdom
239 Posts |
Posted - 12 September 2008 : 10:00:00
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| Thanks for that. One more thing, we will be looking to rent a property when we hand our keys back, do we need to tell the letting agent we are BR and if we do will they let us rent?? Thanks again |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 12 September 2008 : 11:52:17
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Hi Maz,
I agree that as long as this debt was in your sole name, it will be included and written off in your BR.
With regard the rental situation, I have answered this in my other post.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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nationwide
