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 where to put the potential shorfall		  New Topic  Reply to Topic
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bobby15343
Starting Member



3 Posts
Posted - 30 March 2009 :  19:22:04  Show Profile  Visit bobby15343's Homepage  Reply with Quote
where to put the potential shorfall ( negative equity ) is it in secured or unsecured in the bancruptcy form .. tnx ..

John
New Member



United Kingdom
73 Posts
Posted - 30 March 2009 :  22:21:16  Show Profile  Reply with Quote
Hi

you should enter the property value and mortgage details in section 4 secured. The potential shortfall should be entered in section 4 unsecured with the rest of your known unsecured debts.

John White
England Jackman & Spacey
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