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 need my house to be re possessed first ?		  New Topic  Reply to Topic
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bobby15343
Starting Member



3 Posts
Posted - 27 March 2009 :  07:51:20  Show Profile  Visit bobby15343's Homepage  Reply with Quote
i was able to read in a certain thread that i need my house to be re possessed first then i will have my bancruptcy .. my bancruptcy date is april 1 @ 10 am .. but my house will be repossessed on the same date april 1 but at 11am .. any advice will be appreciated .. so that i know if i ned to cancel my bancrutcy .. tnx

John
New Member



United Kingdom
73 Posts
Posted - 27 March 2009 :  08:35:47  Show Profile  Reply with Quote
Hi bobby

the timing of the repossession will make no difference to your bankruptcy application being accepted.

John White
England Jackman & Spacey
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bob
Junior Member



191 Posts
Posted - 27 March 2009 :  08:40:35  Show Profile  Reply with Quote
tnx john .. for the reply .will any shortfall will be included in the bancruptcy .. tnx .. sorry for further asking is just i need further clarification in this situation i am in .
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John
New Member



United Kingdom
73 Posts
Posted - 27 March 2009 :  10:10:27  Show Profile  Reply with Quote
Hi bob

as long as you have entered the details of your mortgage in the unsecured part of section 4 this will capture any shortfall.

For amount owed enter £1, for date incurred enter unknown, for reason for debt enter potential shortfall.

John White
England Jackman & Spacey
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bob
Junior Member



191 Posts
Posted - 27 March 2009 :  10:17:41  Show Profile  Reply with Quote
tnx .. do appreciate your reply ... this site is been a big help for me ..
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