Theoretically nothing. However in practical terms, financial institution tend to move on.
Maybe not so Defeated just yet @44 Brendan we are trying similar to what you mentioned![]()
I will update if the mortgage company can be bothered.. Almost 3 weeks since the PIP sent off the required paperwork ect and every time he rings they have nobody available!!
They really are useless....
Right so mortgage company has finally got back to us, they are not willing to do anything other than accept voluntary surrender of the property and sue for the balance, even though proof of income has been sent in and is way below any threshold IE: below insolvency and bankruptcy level..
Possibly a case of giving back the keys and saying get me if you think you can for the balance outstanding on the shortfall?
Right so mortgage company has finally got back to us, they are not willing to do anything other than accept voluntary surrender of the property and sue for the balance, even though proof of income has been sent in and is way below any threshold IE: below insolvency and bankruptcy level..
Possibly a case of giving back the keys and saying get me if you think you can for the balance outstanding on the shortfall?