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What If I Cannot Refinance In My Trust Deed?

Question: Trust deed ended but still to pay equity payment house shared ownership only own quarter share struggling to get re-mortgage due to credit crunch house in my name only trustee re-valued and payment now double what can you advise

What would you advise?

Answer: I would advise you to speak to the supervisor of theTrust Deed and see what options they can offer. If it is nothing you can afford or work with, bankruptcy/sequestration is an option, but you may very well find the property is still an issue.

Can those who you own the property with buy-out your share to pay into the trust deed?

Regards,

Jon

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Are you considering bankruptcy, have a pressing debt or credit issue, are bailiffs threatening, are you being chased for payment, is your spouse or partner considering bankruptcy and you are worried about how this will affect you, do you own property and are in debt?

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