Bankruptcy Help Please

[Opto]

Hello, could someone please help me, I am going to declare bankruptcy,

 

I own a shared ownership property which due to me not being able to keep payments up on I rented out,

 

I had to put £100 a month towards the rent to pay the mortgage and rent but for the final few months before the tenants moved out

the housing association put the rent up and as I was in overdraft their monthly payment did not get taken

and so the mortgage company paid it for me I did not realise this was happening, what will happen about this in bankruptcy?

 

Many thanks

[Wintry]

Hello, could someone please help me, I am going to declare bankruptcy,

 

I own a shared ownership property which due to me not being able to keep payments up on I rented out,

 

I had to put £100 a month towards the rent to pay the mortgage and rent but for the final few months before the tenants moved out

the housing association put the rent up and as I was in overdraft their monthly payment did not get taken

and so the mortgage company paid it for me I did not realise this was happening, what will happen about this in bankruptcy?

 

Many thanks

 

Hi

 

Apologies if I am missing the obvious but Im not too sure what you are saying and asking with regard to the mortgage company paying etc,

 

Could you put up more info on your overall circumstances & SOA affairs if possible as these may help people in guiding you further.

 

Have you taken full independent advice on all your options including bankruptcy?

 

A number of charity / not for profit links below that may give you some information & pointers -

 

http://www.nationaldebtline.co.uk/

 

http://mymoney.nedcab.org.uk/moneyadvice

 

www.citizensadvice.org.u

 

http://www.bis.gov.uk/insolvency/personal-insolvency

 

 

Also below is a link to the I/S Tech Manual (a lot in there but where you might find useful information)

 

http://www.insolvencydirect.bis.gov.uk/freedomofinformation/technical/technicalmanual/default.htm

 

As always make sure you take full in depth advice on your options based on full circumstances and that you clearly understand them before making any decisions

 

Best Wishes