Hi,Long time since i've posted on here hope you're all keeping well, myself and daughter are fine but what a dredfull time we've had over the last 18 months, but never mind..The glass is still half full (just) Right then My Question....Myself and EX husband are bankrupts but i was discharges back in 2010 and he in may of this yr..The house we lived in went for repossession and there is a £50.000 shortfall. How will the lenders get their money back? He works but i'm on benefits. I no we're both liable for this so any advice would be appreciated, Thanks guys X h4u[;)]
You should not be liable for this as it should fall into your bankruptcy unless you have signed a form from your mortgage company to say you will accept liability?
I'm pretty sure that the shortfall should be included as BOL says.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
lem wrote:
You should not be liable for this as it should fall into your bankruptcy unless you have signed a form from your mortgage company to say you will accept liability?
Why would anyone sign such a form??
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Some people do - if you're not too savvy then you might think this is what you have to do.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
