BTL in my name was with KBC. Sold in March, leaving a residual of 185,000.
Own home jointly owned in negative equity by about 200,000.and arrears of 17k
Mortgage o/so is 400,000. Arrangemeets being made with Stepchange.. and Ulsterbank. ....hoping for some of it to be warehoused as we will never have that mortgage paid off. We have a tracker....payments are 1200pm.
Reason for arrears....we have no savings and husband is seasonal work, so when some big expense comes along we have no way...
Large residual after sale of BTW. ..bankruptcy ?
Own home jointly owned in negative equity by about 200,000.and arrears of 17k
Mortgage o/so is 400,000. Arrangemeets being made with Stepchange.. and Ulsterbank. ....hoping for some of it to be warehoused as we will never have that mortgage paid off. We have a tracker....payments are 1200pm.
Reason for arrears....we have no savings and husband is seasonal work, so when some big expense comes along we have no way...
Large residual after sale of BTW. ..bankruptcy ?