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nathomas
Starting Member
3 Posts |
 Posted - 11 May 2010 : 18:42:14
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| I declared Bankruptcy in February. I own a flat, which is in negative equity, which was let out and in which the official receiver has no interest. The mortgage is with the Northern Rock who put LPA receivers in the property in August 2009. I am trying to voluntary surrender this property to the Northern Rock. Can you tell me if they can refuse to accept this voluntary surrender please? |
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Suzanne Stocker
Debt Diva Expert
127 Posts |
Posted - 12 May 2010 : 10:54:40
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Hi nathomas
They cannot refuse to accept your voluntary surrender, but they may try to get to you sign an acceptance of liability. You don't have to, and you would be advised not to, as this would enable them to pursue you for any shortfall regardless of the bankrutpcy. |
Suzanne
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nathomas
Starting Member
3 Posts |
Posted - 14 May 2010 : 13:46:50
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| Thank you for the advice above. Northern Rock have telephoned to say that they are refusing to accept my voluntary surrender. What can I quote to them that will demonstrate to them that they can't refuse? |
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Melanie Nicholas
Debt Diva Expert
240 Posts |
Posted - 19 May 2010 : 10:27:17
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The best advice I can offer you is to speak with your examiner in the Insolvency Service and get tem to deal with Northern Rock direct. The OR is now appointed by the court to deal with your affairs leave it to them. If Northern Rock get in touch again by telephone just give them the contact details of the Examiner and tell them to speak direct.
I hope this helps, the OR is there to deal with your affairs leave it to them and move forward |
Melanie Nicholas Insolvency Manager -JonesGiles
<a href="/contact_melanie_nicholas.php?phpMyAdmin=e9398005ef78596e39526ec2776b5f62"><img src="/images/signature_contact_me_melanie.gif" width="143" height="27" border="0"></a> |
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nathomas
Starting Member
3 Posts |
Posted - 31 May 2010 : 12:45:51
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| As the OR has no interest in the property concerned he is unwilling (or perhaps unable) to get involved with Northern Rock, and he views the ongoing costs that I'm incurring (council tax, utilities, etc) as post bankruptcy. Is there anything else you can suggest as I feel as if I'm swimming against an ever increasing tide towards a light that is getting further away. |
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Melanie Nicholas
Debt Diva Expert
240 Posts |
Posted - 01 June 2010 : 09:49:11
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IF NR are being difficult send a letter (copy the OR in) clearly stating that you were made bankrupt on...at...County COurt and that the OR at... is currently dealing with your affairs as such you are voluntarily surrendering the property back to them and any future correspondence relating to the rpoperty should be directed to the OR and not you.
That way you have done everything you can and leave it to them to sort out with the OR. Sorry to hear that you are having such difficulty, but hopefully this will end it |
Melanie Nicholas Insolvency Manager -JonesGiles
<a href="/contact_melanie_nicholas.php?phpMyAdmin=e9398005ef78596e39526ec2776b5f62"><img src="/images/signature_contact_me_melanie.gif" width="143" height="27" border="0"></a> |
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Voluntary Surrender
