I am considering Bankruptcy as I have debts due to a previous business as well as a mortgage of 300k on a property now worth 120K
What is the likelihood of the bank reducing the mortgage down to the current market value?
If the Bank does not reduce the mortgage can the assignee insist that I stay in my home or do I have a choice of handing over?
How much can be certain before the bankruptcy application process?
Thank you
What is the likelihood of the bank reducing the mortgage down to the current market value?
If the Bank does not reduce the mortgage can the assignee insist that I stay in my home or do I have a choice of handing over?
How much can be certain before the bankruptcy application process?
Thank you
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