Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
i am being declared banrukpt ( council tax ) later on this month,
i don't really have much option and i don't intend to fight it.
what i was wondering was if you think the accout in bankruptcy will take my house off me.
my outstanding mortgage is about £ 152,000 and i have arrears of about £4500, i have come to an arrangment with the mortgage company to pay £1000 every 4 weeks ( not monthly ) which is £850 interest only and £150 off my arrears.
if i could possibly sell my house right now i would be lucky to get £165,000. but with the market just now houses in my area are just not selling.
i live with my wife and three children ages 15, 13 and 10
with what my wife and i earn we can just about afford the mortgage payments and usual bills ( gas elec food etc ) but we have no chance of paying off all our other bills.
you may also have to consider as well that there may be a clause in your mortgage contract that states that the house will need to be sold if you are going BK.
also the trustee will look into you expenses as if they feel your creditors would be better off if you were paying less outggoings and will check local rent tates as well.
are you doing this yourself or is a creditor going to try and do the BK?
ida x
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will the AIB take my house
is about £ 152,000 and i have arrears of about £4500, i have come to an arrangment with the mortgage
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