Bankruptcy I & E

[MelanieGiles]

Any balance on a secured loan which remains after a property is sold would form an unsecured claim in the bankruptcy - your are quite correct there Kerri.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[Sadsack]

Thanks Kerri, Melanie and Brassic

I have listed it on the forms alongside the house as secured.

And no, you didn't frighten me!!! I don't think anything will frighten me anymore!!

Next hurdle is to just get through the next 5 days, and then the OR meeting!!

Sue

Ho Hum! Think I'll bang my drum!

Read My Blog
http://sadsack.blogs.iva.co.uk/

[ray_a]

Just one thing about moving into the rental sector and that is that you need to pay a six month's deposit or find a guarantor!

Good Luck