Quantcast
Channel: Personal Insolvency, bankruptcy, etc
Viewing all articles
Browse latest Browse all 412

Is there any way of challenging paying negative equity shortfall on sold by-to-let?

$
0
0
In summary, my partner went bankrupt in the UK, I was left with the negative equity on a buy-to-let after we sold it. It is about €50k. I will have to pay €550 or more a month over 7 years to clear it. Is that my only option? Also going bankrupt is too extreme an option. We can afford this, but I resent having to pay the bank off for an asset already sold. It just seems crazy. Is there any way we can contest this?

Viewing all articles
Browse latest Browse all 412

Trending Articles