Thanks for that.I was hoping that would be the case.
I will just have to wait and see what happens over the coming weeks (or months) the way its all going

Hi,does anyone out there now the details of Northern Rocks Together mortgages? I have one of these mortgages which includes the secured amount for my mortgage and an unsecured element which is subject to my bankruptcy arrangements. As myself and my wife have both been declared bankrupt the unsecured...

Hi,i have spoken to my official receiver again today before he leaves his job.He is still standing by what he said but to be honest his explanation of why confused me even more.It was basically that if the preperty equity was less than 12k then we had the option of someone buying the beneficial inte...

Thanks for your response.i realy am bemused why i am repeatedly told this but i will definately challenge this supposed ruling.i did question it at the interview because if house prices in the south of england have risen it wont be by much over the last ten months and like i said there is only a 3k ...

Yes every time i have mentioned the property he has said as long as the agent employed by them to value our house says it is below the 12k equity then we can buy it out but if its above that limit then we have to move out.it is strange that the official receiver is addament that the maximum equity a...

is there a limit on the equity that can be purchased by a relative when declared bankrupt.my O R says it has to be below 12k but i have not read this anywhere

hi,dont know which way to go forward and need some help please.I have had an iva rejected and the appeal rejected to due to our old favourite northern rock saying no to the proposal.of my and my wifes total debt of 71k northern rock were owed around 30k joint making them majority verdict.the others ...