Thanks so much for responding. Can't thank you & all at Mccambridgeduffy enough. Harry

Hi Michael, the mortgage company are adamant I have been given the wrong advice and only in bankruptcy am I exempt? They are instructing receivers and say they intend to pursue the debt? (I now have assets and my job would be at risk if forced into bankruptcy) 4 x IP's and the IP Lawyers have said I...

I had rang the mortgage company. They say I have been given the wrong advice and only in bankruptcy am I exempt? They intend to pursue the debt? 4 x IP's and the IP Lawyers have said I can hand back the property with no come back. Can the Mortgage company be right? I trust my IP but a bit nervous! H...

Thanks Michael

Hi Michael & Lesley, just to update you. We can hand the property back - no comeback, no dividend to pay as they chose to rely on their security. Big negative is that it will be a new default on out credit and the 6 year clock will start from now (Still don't think this is correct?). Happy with the ...

Thanks Michael, hopefully you are right. I am just awaiting word from Ronan on Monday. Fingers crossed. Harry

Hi, We have completed a FFS on our IVA last year.We had included the negative equity from several buy to let properties. At the time two lenders on one BTL had advised they wish to rely on their security and do not wish to claim in our IVA. We carried on paying this mortgage after the IVA completed ...

I hope you can help me.. My wife a I completed our IVA last year by paying a full and final settlement. Prior to this we tried to include a Buy to Let property in Liverpool that had a Capital Home loans Mortgage and a Wirral council2nd charge. We ended up completing the IVA without including them as...