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 mY HOUSE IS IN NEGITIVE EQUITY		  New Topic  Reply to Topic
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DEZREZ
Starting Member



1 Posts
Posted - 20 July 2009 :  19:39:18  Show Profile  Visit DEZREZ's Homepage  Reply with Quote
mY HOUSE IS IN NEGITIVE EQUITY, WITH £9000 ARREARS. wILL THIS BE TAKEN OFF ME AS I HAVE AN AGREEMENT WITH BUILDING SOCIETY TO PAY.

gettingoutofdebt
forum expert



2418 Posts
Posted - 20 July 2009 :  20:24:36  Show Profile  Reply with Quote
If you are keeping the house then you would be expected to keep up with the mortgage repayments and any arrears. If you gave up the house for voluntary repossession then any shortfall/mortgage arrears would be included in the bankruptcy.
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