Confused83
Registered User
- Messages
- 15
Hi
My husband had intended to file for bancruptcy early last year. Due to internal issues in the solicitors our completed paper work wasn't filed.
We then had to get another letter from an insolvency prationer who said due to both of us having received a small pay rise this means we have to have a PIA but with very little left a month to pay this off a month.
We have a split mortgage I negotiated and the debt is soley in my husbands name to revenue and rates and Pre existing management fees on our residental home Pre dating our marriage.
From what I have all the above debts are excludeable. We have a new managment company who have said they won't engage in personal insolvency agreements.
Our PIP has said the recent ruling regarding treatment of split mortgages may impact us. My question are below if any one could advise:
- If we can't get 65% of credits to agree to a PIA does he automatically become eligible for bancruptcy irrelevant of income.
- If he files for bancruptcy are managment fees automatically included irrelevant of the managment company position?
My husband had intended to file for bancruptcy early last year. Due to internal issues in the solicitors our completed paper work wasn't filed.
We then had to get another letter from an insolvency prationer who said due to both of us having received a small pay rise this means we have to have a PIA but with very little left a month to pay this off a month.
We have a split mortgage I negotiated and the debt is soley in my husbands name to revenue and rates and Pre existing management fees on our residental home Pre dating our marriage.
From what I have all the above debts are excludeable. We have a new managment company who have said they won't engage in personal insolvency agreements.
Our PIP has said the recent ruling regarding treatment of split mortgages may impact us. My question are below if any one could advise:
- If we can't get 65% of credits to agree to a PIA does he automatically become eligible for bancruptcy irrelevant of income.
- If he files for bancruptcy are managment fees automatically included irrelevant of the managment company position?