Questions and Info relating to Property Issues inc, Charging Orders and Repossession

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#208230 I am faced with having my flat repossessed... I chose to go down this road because I was struggling to pay my mortgage plus household payments. Circumstances are work had altered and I was faced with taking in a lesser wage per month.

My worry is being saddled with a sizeable shortfall and if I may struggle even paying that back... If I have no alternative - would bankruptcy be a road to take?

#208411 yes bankruptcy is way to get rid of a substantial shortfall

but it is not as simple as that.

the best thing to do initially would be to look at the insolvency website for the details of banruptcy before making any decisions
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