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bankruptcy and having to get out of home?


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hi all,

 

anyone had a forced sale put on them by insolvency service? and if so how long did this process take from start to finish went br 19mths ago and want them to get on with it as its become a hge wind up.

 

its like getting reposessed without having any mortgage arrears just a pile of unsecured debt.

 

would be greatful for any advice on this.

 

regards

ooc.

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  • 2 weeks later...
Guest MamaG1

HI Out of cash, sorry to hear about this, I am not aware of how this works, but I am certainly interested in finding out myself, and I am sure someone will come along to help or advise you onthis soon.

 

The forumn is full of very highly experienced caggers that will carry you along and advise on this one.

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  • 11 months later...

hi all,

 

not been around for a while and are now on my last hurdle of my bankruptcy nightmare which is!

 

went br in 2008 been in house since then house went on the market and sold within 2days ,i agreed to a voluntary sale as not to cost my s2bx loads of cash however when it comes to completion dates, can someone please tell me if i have any rights to remain ? say no to date as i am finding it a total nightmare to rent somewhere due to br on credit file and the added bonus of being unemployed,council cant help,letting agents want thousands in deposit,and very few private lanlords about.

 

any advice help most appreciated

 

out of cash.

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Hi,

 

I've moved this thread to a more suitable Forum.

 

Regards.

 

Scott.

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If it's a volountary sale then you should be able to negotiate a completion date to suit. However, a long delay in completion may affect the sale if there is a chain dependent on your buyers moving on a specific date.

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hi ellen

 

theres no chain, but i know all the legal paper work has been done so i expect to hear really soon on this as the buyers have stated to estate agents they are ready to move in thety are privately renting and paying a high rent as i understand it.

 

i know i am in a no win situation, its going to be an emotinal nightmare having to leave here after many years,ive tred to do my best by everyone but its just not turned out good at all my s2bx will be totaly peed off if this falls through i think then it will revert back to insolvency service,not to sure what would happen then probably be a forced sale as its been 2yrs and 4mths since my br date.

 

many thanks to all

 

out of cash

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