Well done on traking the first step, I can totally empathise with head iin sand syndrome but you are doing the right thing! One thing I would say is m...
Sorry just realised you said the trustee would need to sell not the mortgage company, duh! Oh right so the trustee would need to arrane woth Nram to s...
Oh right, I didn't know that, Nram told my husband he could short sell it if he wanted to though (as long as the shortfall was sorted out in some way)...
I've no idea why I thought that then. A house my cousin bought had been repossesed and there was some kind of notices on their windows. Do you thin...
Thanks very much Joni, it's great to have some insight. Husband has emailed his trustee this morning and is waiting to hear back.
Thank you for the reply Kevin. That is really good to know that they cant pursue my husband for the shortfall. I was always under the impression that ...
Thanks alot, I will email the trustee today and see what she is. A bit worried about it to be honest as she isn't the most helpful of people and alway...
Yes i've heard of voluntary repossesion but I believe notices ect are still put on your windows which we really dont want, we live in a very small pla...
Thanks so much to you both for the replies. Nram have already said they would accept around £80k for it BUT we would need to give them the shortfall o...
The big problem is that we arent even in ownership of that car now, we had to sell it to get a bigger car and with my husband being 2yrs in to his tru...
Wow, so in effect you could come in to alot of money after the first year of your trust deed and not have to hand any of it over if you signed your st...
Im not an expert or anthing but yes you would have to declare it unless you have been discharged and probhand it all over or a portion of it if it is ...
Thnaks for that. There's nobody else at all available to pay over teh extra and there's no way i could afford that kind of money in one go. The only w...