Response to statutory demand from citibank

Many thanks for comments so far. This is the third time we've looked closely at bankruptcy over the 11 years since we started having problems with this mortgage. Both previous times we would have had to fund it ourselves, and we were talked out of it. So we already know in some detail the pros and cons. One thing that occurs to me - as the stat demand is just for 5k, does that mean the BP will also be just for 5k? If so, can I assume this means that my last letter in which I argued that only £5,250 of the 39k was at all defensible, has been tacitly accepted?

[ Previous | Next ]