Guest The Wrights Posted October 3, 2008 Share Posted October 3, 2008 To cut a long story short... Mortgage outstanding - 105k Loans - 30k house value (normally) - 150k house value now (if we are lucky) - 120k we have bad credit due to a dodgy builder. :embarrassed: Can we claim bankrupcy/IVA and still get a visa? Do australia look unfavourably on bad credit? Has antone used the 'sell your house and rent it back scheme?' We do not intend to leave the uk with debt but we just want to clear it as quickly as possible. Link to comment Share on other sites More sharing options...
Guest Miss M x Posted October 3, 2008 Share Posted October 3, 2008 as far as i know your credit doesn't come into the visa process unless you have had multiple bankrupcies and your credit profile starts from scratch once you're in Oz, sorry to hear about your house valuation we're in exactly the same situation with ours (dropped almost £50k) good luck x Link to comment Share on other sites More sharing options...
Guest Soexcited! Posted October 3, 2008 Share Posted October 3, 2008 got told yesturday that ads for WE BUY YOUR HOUSE IN 7 DAYS offer 60% ! market value, dont even go there Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.