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Old 30 May 2010, 04:24 PM
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mrtheedge2u2
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Default Bankruptcy advice

A friend who is a bit numb with money has got herself in a mess.

Had a loan secured against her house. Anyway, was declared bankrupt and the house is now back with the mortgage people.

She is getting harrassing calls and letters from the lender who the gave her the loan against the house.

Can anyone advise on her legal standing.

Cheers
Old 30 May 2010, 04:27 PM
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madscoob
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i may be wrong but the mortage company have first dib so make sure she pays the mortage above all else
Old 30 May 2010, 04:34 PM
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mrtheedge2u2
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No, she no longer has the house. Has been surrendered to her mortgage provider.
Old 30 May 2010, 04:50 PM
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mart360
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If declared bankrupt, all proceedings with any finance providers ceases.

All communication regarding moneys owed, must go through the bankruptcy

practitioner.

Mart
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