Hi Kevin so I would not be responsible for any shortfall when the property is sold as long as I put the property in to the bankrupsy within the 3 year...
Hi thanks Kevin and Shona for your comments. The lender is owed 142K. It's a newbuild, the housebuilder went into liquidation and the properties left ...
Hi Kevin thanks for that. Can you give an outline of what my IP will have to do? Thank you
Hi Kevin so that means I can dispose of property any time within the 3 years of bankrupsy? Thank you
Hi there are a number of properties, all in negative equity but one at the time of the valuation had equity of 2K. l was told at that point it would...
Hi TDA thanks for that.
Hi TDA thanks for your prompt reply on a Sunday. So the more that gets paid into the pool of funds the more the IP gets? or do the creditor get it ...
Excellent thank you. There is so much information out there and many websites offering differing information. However it seems to me unless figures ar...
So if someone has debt of over 200k with a monthly disposable income of £300 a TD is not an option even if the creditors accepted it, it would have to...
Thank you TDA for your clear and concise information.
Thank you for your prompt reply. l have noted from the forum it is always wise to get everything in writing. ls there any kind of confirmation paperw...