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 HI, I am about to make myself Bankrupt :(		  New Topic  Reply to Topic
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nick52
Starting Member



1 Posts
Posted - 21 January 2009 :  21:43:31  Show Profile  Visit nick52's Homepage  Reply with Quote
HI, I am about to make myself Bankrupt :(
I am the sole name on my mortgage and on the deeds, but my partner has a deed of trust on the house, as she part exchanged her house for the one we are in now. There is no equity in the house, even before the deed of trust is taken into account (35k).
Will I loose my house????

Thanks very much in advance! I am worried sick!

John
New Member



United Kingdom
73 Posts
Posted - 21 January 2009 :  21:51:07  Show Profile  Reply with Quote
Hi

as long as you can afford the mortgage payments you will not lose the house.

There can be no claim against the property either as it is in considerable negative equity.

www.Bankruptcyhelp.org.uk
0800 078 9367
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