Thanks for the advice The mortgage debt payable immediately upon bankruptcy or voluntary arrangement is stated in my mortgage conditions 2001 section 8 . If this is correct could they take immediate posession of the property. Section 9 states that if the mortgage debt becomes immediately payable we ...

Do you think that we would be able to keep the house or would we be forced to sell to release the equity and have to rent. I think that we will end up going down the bankruptcy route i just wanted to use up all other options first. I will call dfd and check that we will not have to pay them any fees...

Hi melanie would you recommend that I still trade in the car as it is valued at around £6000 and how would i go about going bankrupt, would my creditors do it. how would it affect my mortgage with northern rock if i went bankrupt, i have requested that my mortgage be changed to an interest only mort...

Hello neverending Thanks for your quick reply. DFD have said that it is quite likely that the proposal will be rejected and have said that bankruptcy would be the option if the proposal was refused. I mentioned that I had seen on this forum that northern rock were wanting a highed dividend and they ...

Hello Keeza

Sorry, I shold have said that we have a mortgage of £139000 along with a £30000 unsecured loan built in on top which Northern Rock call their together mortgage.

Hello I was hoping to get some advice. We currently owe £86000 to several creditors the ammounts as follow Northern Rock £30000 (together mortgage) Alliance and leicester £8600 Alliance and leicester £6400 Virgin credit card (mbna) £7200 Natwest credit card £7500 Natwest loan £24000 Peugeot hp £2400...

Hello, we have a together mortgage with northern rock and were hoping to do an iva but we have noticed on the forum that an iva proposal was rejected by northern rock as they class the mortgage and the unsecured part as one. If northern Rock class it as part of your mortgage would that not make it s...